Original source: https://www.nar.realtor/newsroom/pending-home-sales-recover-8-1-in-august
Instant Reaction: Mortgage Rates, October 14, 2021 Mortgage rates rose above 3% this week as consumer and producer prices continue to rise due to persistent supply bottlenecks and labor difficulties. By: Nadia Evangelou Mortgage Financing Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-october-14-2021
There is strong recovery in the multifamily, industrial, and retail property markets, while the recovery has not been as robust in the office and hotel property markets. Original source: https://www.nar.realtor/commercial-market-insights/september-2021-commercial-market-insights
Less Intense Multi-bidding; Fewer First-time Buyers This summer’s intense multi-bidding is cooling, partly due to a seasonal decline, but also because first-time buyers cannot find affordable… By: Scholastica (Gay) Cororaton First-Time Homebuyers Original source: https://www.nar.realtor/blogs/economists-outlook/less-intense-multi-bidding-and-fewer-first-time-buyers-in-august-2021
Existing-Home Sales Recede 2.0% in August In August 2021, each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-year perspective. Media Contact: Quintin Simmons 202-383-1178 Original source: https://www.nar.realtor/newsroom/existing-home-sales-recede-2-0-in-august
Retail Vacancy Rates at Lowest Levels Since Q2 2020 With people returning to physical stores and food and drinking places, demand for retail space in Q2 2021 exceeded pre-pandemic peak levels. By: Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-retail-vacancy-rates-at-lowest-levels-since-q2-2020
Commercial real estate owners and managers are feeling increasing urgency to boost the energy efficiency of existing and new buildings. Original source: https://www.nar.realtor/commercial-connections/green-by-necessity
