The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
New data from global real estate consultancy JLL reveals a 23% year-on-year (YoY) increase in commercial real estate investment across Asia Pacific in 2024, totaling $131.3 billion and surpassing 2022 levels. Investment volumes in Q4 alone grew 10% YoY to $34.9 billion, marking the fifth consecutive quarter of YoY growth for the region.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending January 24, 2025, mortgage applications declined by 2.0% compared to the previous week. The Market Composite Index, which tracks overall mortgage loan application volume, fell 2.0% on a seasonally adjusted basis and 9% unadjusted.
113年10月實價登錄量價動態，全市交易量共462件，較9月441件增加21件，增幅4.76%，較前一年同期1,055件，減幅56.21%；交易總額為136.22億元，較9月126.07億元增加10.15億元，增幅8.05%，較前一年同期274.88億元，減幅50.44%。
December saw softer than seasonally expected rent growth across the country, following several months of rent growth returning to its pre-pandemic norm. The typical asking rent for the entire pool of rental properties across the U.S. was $1,965 in December, just 3.4% higher than the year before. Prior to the pandemic, average rent growth was about 4%. The effects of the pandemic boom remain though, as rents now sit 10% above where they would have been if the 4% growth trend had persisted through the past 5 years.
Buyers should expect less competition for homes than in recent years as housing inventory continues to trend closer to long-term norms from before the pandemic. The number of homes on the market nationwide in December was just under 1 million — more than in any December since 2019. The available pool of existing homes is now 25% below 2018–2019 averages for this time of year, far from the 37% shortfall of January 2024 or the record deficit of 51% seen in February 2022. Rising inventory also points to softer price growth ahead.
