According to new data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in January 2021 rose 4.3 percent to a 923,000 seasonally adjusted annual rate, from an upwardly revised December 2020 reading.
According to JLL's latest Hong Kong Property Market Monitor released today, the decline of office rents has slowly abated in January 2021, with net effective rents in the overall market dipping by 0.6%.
The total number of loans now in forbearance decreased by 7 basis points from 5.29% of servicers' portfolio volume in the prior week to 5.22% as of February 14, 2021.
The California Association of Realtors reported this week that the State's housing market kicked off the year on a positive note, following up on December's strong showing with double-digit price and sales growth on a yearly basis in January 2021.
Higher levels of liquidity, tighter credit spreads and a modest loosening of underwriting standards contributed to a sharp improvement in commercial real estate lending momentum in Q4 2020, according to the latest research from CBRE.