2021
Q&A Corner: 2021 Real Estate in a Digital Age report
Matt Christopherson, one of the lead authors of Real Estate in a Digital Age, talks about how to use the report, data insights, and the survey results he found most interesting. www.nar.realtor – Research
NAR Identifies America’s Top 10 Commercial Office Markets of 2021
Top 10 US Commercial Office Markets of 2021 NAR found a robust recovery across the multifamily, industrial, and retail property markets as economic production rebounds to pre-pandemic levels. Media Contact: Troy Green 202-383-1042 Commercial & Investment Real Estate
Metro Area Wealth Gains as of 2021 Q2: Typical Gain of $349,000 Over 30 Years
Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. Housing wealth (equity) accumulation takes time, and is built up by price appreciation and paying off the mortgage. www.nar.realtor – Research
94% of Metro Areas Saw Double-Digit Price Growth in Second Quarter of 2021
94% of Metro Areas Saw Double-Digit Price Growth in Q2 Low housing inventory and record-low mortgage rates caused an increase in median sales prices for existing single-family homes during Q2 2021. Media Contact: Quintin Simmons 202-383-1178
Instant Reaction: Consumer Price Index, August 11, 2021
Inflation continued to rise quickly in July. Over the last 12 months the inflation rate rose 5.4%, the same annual rate as in June. www.nar.realtor – Research
May 2021 Existing-Home Sales Down for Fourth Straight Month as Home Prices Hit Historic High
Existing-home sales data show that housing market activity in May 2021 fell 0.9% from April 2021, but rose 44.6% year-over-year. www.nar.realtor – Research
Instant Reaction: Jobs, June 4, 2021
The job market continues to make progress with 551,000 net new additions in May. Another 7 million jobs are still needed to get us back to pre-pandemic conditions. www.nar.realtor – Research
Economic Experts Predict Bright Path for Commercial Real Estate in 2021
Economic Experts Predict a Bright 2021 for Commercial Economic expansion and the jobs recovery will lead to rises in occupancy across all commercial real estate property types. Media Contact: Quintin Simmons 202-383-1178
SCV Announces 2021 REACH Commercial Cohort
SCV Announces 2021 REACH Commercial Cohort The REACH Commercial program helps high-growth potential technology companies scale in and beyond the commercial real estate sector. Media Contact: Wesley Shaw 202-383-1193 Commercial & Investment Real Estate, Technology
Weekly Retail Update: April 2, 2021
Significant job declines, health and safety issues, and government-mandated store closures created a whirlwind year for retail in 2020. www.nar.realtor – Research