Housing activity – starts and permits – posted strong results in September as the single-family segment made gains across most of the country while multifamily housing appears to be trending flat. Total housing starts rose to a 1.415 million annual rate from a 1.388 million pace in August, a 1.9% increase. The September gain is […]
Since the industrial revolution, energy consumption and production has played a central role in economic development as it has set a path for many countries to move from a predominantly agrarian economy into a modern developed country. Petroleum has been a fundamental source of energy for more than a century, making it a highly sought-after […]
Globally, we watch millions of hours of content daily. Much of that content emanates from North America’s media industry, taking shape on sound stages across the United States and Canada. Sound stages have often been overlooked in commercial real estate due to their uniqueness and the relatively small size of the sector. The dynamism of […]
The morning after Trump was elected, people in my university class were crying. Fair enough, you think: you’ve heard about the emotional fragility of today’s youth, and perhaps you’ve read Greg Lukianoff and Jonathan Haidt’s great book The Coddling of the American Mind. If so, you’re not unfamiliar with youngsters overreacting to seemingly mundane and […]
US home sales are soaring, and even renters now favour suburban units with ample space for home-working. Should urban landlords be worried? A growing trend in the US housing market is the search for more space, light and air. It is evidenced by increased US home-buying numbers as well as early indications of the success […]
This article was originally published in April 2019. The birthplace of the skyscraper overflows with famous buildings – but none as stunning as a lesser-known piece of architecture, Bertrand Goldberg’s brutalist ‘city within a city’. A recent architectural field trip with my company, Derwent London, took us to that city that boasts the birth of […]
On 12 October 1864, Chief Justice Roger Taney, author of the Dred Scott decision, passed away. Abraham Lincoln (finally!) had the opportunity to replace that man. There was never a doubt that Lincoln would nominate a successor. On the other hand, there was no purpose in immediately naming a successor. The Senate was in recess […]
UK: Total value of exports to EU 27 countries in February 2020: £13,869bn As percentage of total overseas exports: 51% Percentage change since previous year: -7% Percentage change in retail sales in April 2020 compared with last year: -23% Latest percentage change for August compared with last year: 3% Percentage change in value compared with […]
Housing activity – starts and permits – posted mixed results in August as declines in the multi-family segment offset gains in the single-family segment. Within the single-family area, there were gains in starts and permits with strength spread across most regions. Total housing starts fell to a 1.416 million annual rate from a 1.492 million […]
Total U.S. multifamily demand should rise by two million units over the next decade. CBRE Econometric Advisors’ latest long-term outlook for U.S. multifamily rental housing indicates the net gain in occupied units—from 15.4 million in Q2 2020 to 17.4 million in Q2 2030—represents an 11.6% demand increase in the 66 metro markets. The new demand […]
