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On a month-over-month basis, home prices increased by 1. National nonresidential construction spending fell 1. According to Redfin, California and New York had the biggest upticks in people looking to move out of state since last year, followed by Massachusetts, Washington, D. According to a new report from the American Institute of Architects, a slight improvement in business conditions has led to fewer architecture firms reporting declining billings.
Tap into WPJ's global real estate audience! Global real estate consultant CBRE is reporting this week that a gradual recovery has begun in commercial real estate investment. The same was true in parts of Europe, but a recent resurgence of infections in countries like France and Italy threatens to derail the recovery.
In the Americas, despite the broader economic recovery, investors remain in a period of price discovery and risk aversion. The U. The Americas had no entity-level transactions for the second consecutive quarter. Activity increased across all property sectors in Q3, led by a strong quarter-over-quarter rebound in multifamily investment. With a relatively stable outlook for demand and income, multifamily has been the most popular asset type in the Americas since Pricing of multifamily and industrial assets has recovered quickly as they are sought-after for downturn protection.
Investment yield has also remained stable. Approximately half of the region's markets had a rebound, while the other half slowed further. However, activity remained subdued in some markets, including the Netherlands and Sweden. Industrial yield stayed at a historical low. Office yield is falling in markets like Paris and Hamburg, as companies expand outside of the U.
This growth should continue as investable residential inventory grows in Europe. Demand for retail assets remained surprisingly healthy in Germany, Switzerland and the U. Nevertheless, investors remain increasingly selective and strategic during the pandemic. South Korea, Taiwan and India led the region's Q3 recovery. Earlier this month when the weather was just about perfect, I enjoyed walking through our neighborhood and beyond. As I strolled, I noticed For Sale signs on several properties.
It crossed my mind that some or those houses probably were already sold or very close to a purchase. In perusing Delaware County Daily Times. The global pandemic, however, hasn't been kind to malls, with economic shutdowns and social distancing leaving consumer traffic anemic at best. Should you join the crowd and buy in?
Columbia Falls, MT. Flathead Beacon. Trending People. He also plays for Canada on the international level. Born in Toronto, Thompson started showing brilliance in basketball during his school days. He was sought by the top basketball programs of the nation due to his outstanding skills. He played college basketball for a season for the University of Texas before he was picked by the Cleveland Cavaliers during the NBA draft.
He performed quite well in the first season, becoming the first Canadian ever to earn All-Rookie team honors in the NBA. He played brilliantly in the ensuing years as well and won several awards and honors. Mike Pence is an American politician serving as the 48th vice president of the United States of America since Previously, he served as the 50th governor of Indiana from to Born into a Catholic family with political leanings, he became interested in politics at an early age due to the influence of his family.
As a young man, he idolized former President John F. Kennedy and was later inspired by Ronald Reagan. He started a career as a radio talk show host in the s, while trying to enter politics. Since then, his political career has been on the rise. Joseph Robinette "Joe" Biden, Jr. He served as the 47th vice president of the United States from to Born in a middle-class family in Pennsylvania, Joe Biden learned the value of hard word, determination and perseverance from his parents who always encouraged him to stand up for himself and bounce back after failures.
As a child he used to stammer but he overcame this problem by memorizing and reciting long passages in front of the mirror. He went on to study law and also developed interest in politics. He joined the Democratic Party and became active in politics alongside managing his legal career. He won the U. Senate election in Delaware when he was just 29 and assumed office the next year. A devastating family tragedy threatened to end his career, but he persevered on bravely. He proved to be a popular senator and set his ambitions higher.
He was selected as the running-mate for presidential nominee Barack Obama in and the Obama-Biden ticket went on to win the election. They won again in In , Joe Biden announced his bid for the candidacy of the Democratic presidential nominee for election.
In , he was chosen as Democratic Party's presumptive nominee for the presidential election. Joe Biden has picked Kamala Harris as his vice presidential candidate and he is his running against the incumbent, Donald Trump. Although he met with a couple of tragic injures in his initial years, he ultimately joined the New Orleans Saints.
In addition to being a politician, he is a successful business magnate and television personality as well. An astute businessman and charismatic leader, he built and renovated numerous hotels, casinos, and office towers during his business career, accumulating a net worth of billions. He also owned several beauty pageants and ventured into reality television as well. Expanding the horizons of his ambitions, he entered national politics in the early s and set his eyes on the presidential office.
As a politician, his career was marred by allegations of sexual misconduct and he also earned much criticism for his extravagant lifestyle and controversial comments on immigrants from Islamic nations. Despite the controversies surrounding him, Trump ran for the presidential election as a Republican and defeated Democratic candidate Hillary Clinton in a surprise victory.
Donald Trump is the first person to assume presidency without prior military or government service and at 70, he is also the oldest one to assume the office. Chris Christie is the 55th Governor of New Jersey who is serving his second term in the office. A Republican, he first assumed the office of Governor in and implemented certain aggressive reforms in the fields of taxation, health benefits and education.
Christie is known for his argumentative and aggressive style of leadership which has been held responsible for his political successes. His interest in politics was apparent from an early age. Even as a student he actively participated in the gubernatorial campaign of Tom Kean. He studied to become a lawyer and practiced for some years before plunging head on into politics. Thus began his political career which culminated in his becoming the Governor of New Jersey in He became immensely popular due to his educational and taxation policies.
His administration was much appreciated for the quick and effective disaster management in the wake of the Superstorm Sandy. Kamala Devi Harris is an American attorney cum politician who has been picked by Joe Biden as his running mate for the U. S presidential election. She is the first African American and the first Asian American to be chosen as the vice-presidential candidate of a major party.