JLL: Urban retail recovery still ongoing, but on ‘trajectory toward normalcy’
Reading Time: 2 minutesA new report from JLL has posited that, while the recovery of urban retail real estate is still ongoing, it feels like urban markets are on a “steady upward trajectory toward normalcy.” For urban retail to fully rebound, office workers need to come back on-site in higher numbers while tourists need to return to cities, […]
New-home sales plummet in April, falling to lowest level in two years
Reading Time: 3 minutesNew-home sales took a nosedive in April, with the seasonally adjusted annual rate of 591,000 units sold during the month registering as the lowest level of activity in two years. According to data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, April’s annualized sales pace is down 16.6% from […]
