Square Yards

The Philadelphia Inquirer | January 14, 2020

Global commercial real estate firm CBRE is teaming with the owner of the 1818 Market St. office tower on two stories of shared space at the Center City high-rise that would compete with the likes of WeWork. The 50,000-square-foot coworking space, which is set to open during the last three months of 2020, is the seventh to be announced under CBRE’s Hana brand of collaborative offices and will be its first to open in the northeastern United States. CBRE began rolling out its Hana-branded spa...

mpamag | January 13, 2020

Modest home-price growth in the nation’s largest 100 housing markets will continue throughout 2020, according to Veros Real Estate Solutions. Data from the latest VeroFORECAST projected that the appreciation rate for residential real estate would jump 3.9% in 2020, slightly up from the 3.7% rate predicted in the first three quarters of 2019. VeroFORECAST reveals an average increase of 3.9% by the fourth quarter of 2020,” said Eric Fox, Veros vice president of statistical and economic...

Market Outlook, Real Estate Investment

Savills | January 20, 2023

On January 19, 2023, New York-based real estate company Savills informed that it is increasing its footprint in the North American market by launching a new office in Montreal. Antoine Dumas will take on the role of Associate at the company. Brandon Allen, Erik Charton, Paul Fischlin, and Stéphane Robillard will take on the roles of Executive Vice President at the company, while Robin Blanchard will take on the role of Vice President. Meanwhile, George Manousos will take ...

Real Estate Advice

Redfin | June 27, 2022

Demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks for second homes down 4% from before the pandemic in May, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from a revised rate of 3% above pre-pandemic levels a month earlier, and 70% above pre-pandemic levels a year earlier. Demand for second homes is declining due to high home prices, mortgage rates t...