New research from Zillow Rentals reveals that renters in the U.S. are rethinking what they want and need in a home, looking beyond buildings with traditional rental amenities in favor of those with features and services that better suit their lifestyle and budget. Listings with a turfed pet area, coworking space or community happy hours…
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Further rent rises are in store across the UK amid increased demand and dwindling interest from landlords, according to the the RICS UK Residential Survey July 2024. An +18% net balance of respondents saw tenant demand rise last month. Sentiment towards landlord instructions stood at a net -16%, which once again suggests the flow of…
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Despite the monetary headwinds and continued economic uncertainty around the world, there is a strong belief that the global real estate industry is at a ‘pivot point’, with good prospects ahead for renewed investment activity, according to the latest Emerging Trends in Real Estate Global Outlook 2024 from PwC and the Urban Land Institute (ULI).…
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Signs point to a shift toward a buyer’s market in 2024 as inflation takes its last gasps, mortgage rates come down and more people list their homes for sale. That’s according to annual predictions from Redfin (redfin.com), the technology-powered real estate brokerage, which expects these trends to continue in 2024, ushering in a season of…
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The global commercial real estate (CRE) industry faces uncertainty. Ongoing uncertainty in the world economy could impact the industry even more, according to the Deloitte Center for Financial Services’ 2023 Commercial Real Estate Outlook. The global survey that was conducted among 450 chief financial officers (CFOs) of major CRE owners and investment companies, got their opinions about…
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What’s ahead for the construction industry? Construction spending on buildings is projected to increase just over 9% this year and another 6% in 2023, according to the mid-year update of the American Institute of Architect’s AIA Consensus Construction Forecast. The commercial construction market is projected to see mid-single-digit percentage gains both this year and next,…
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Organized by the Kornblau Real Estate Program in the Virginia Commonwealth University (VCU) School of Business, the 30th annual Real Estate Trends Conference- one of the leading forums in the region for the exchange of ideas and information about real estate- will be held Thursday, Oct. 13, at the Greater Richmond Convention Center. The annual…
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