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U.S. Affordability Issues Increase as Household Growth Rebounds in Harvard Report

The latest research from the Joint Center for Housing Studies of Harvard University, makes a solid case that the U.S. housing market is firmly on the road to recovery. Yet the report also shines a spotlight on the problems still in play, namely insufficient supply and rising costs that are creating challenges for both renters and homebuyers.

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Video: Technology’s Impact on Our Lives, Jobs, and Business

Vivek Wadhwa, a futurist and a distinguished fellow and adjunct professor at Carnegie Mellon University’s College of Engineering, shared his insights on technology’s impact on our lives, jobs and business, at the ULI Asia Pacific Summit in Singapore, followed by an interactive discussion with Richard Price of CBRE Global Investors and ULI Global board member.

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In Brief: Median Home Size Dipped in 2016, First Retreat Since 2009

According to the Wall Street Journal, the median size of a new single-family home declined for the first time since 2009, slipping 2 percent to 2,422 square feet (225 sq m) in 2016. This is only the third time in the last 20 years that it has fallen, according to U.S. Census Bureau data.

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In Brief: Dodge Momentum Index Resumes Growth in May

Following a dip in April, the Dodge Momentum Index advanced 4.0 percent in May to 139.1, up from the April reading, which was revised down to 133.7. The index is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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Recent Articles

  • ULI Names Ralph Boyd as CEO for the Americas

    June 5, 2017

    We are delighted to announce that Ralph Boyd, an outstanding individual who is currently the chief executive officer (CEO) of the American Red Cross’s Massachusetts region, has accepted our offer to serve as ULI’s CEO for the Americas. He brings to ULI nonprofit CEO experience and membership-based organizational experience, familiarity with a decentralized organizational structure, financial leadership, gravitas, and the ability to act both strategically and tactically.

  • In Brief: Rate of Multifamily Rent Growth in U.S. Slowing

    U.S. multifamily rents increased in May for the third month in a row, according to Yardi Matrix’s monthly survey of 121 markets, but the rate of growth continues to decelerate. On a year-over-year basis, U.S. monthly rents were up 1.5 percent nationwide in May. The year-over-year growth rate has decreased for 13 straight months since peaking at 5.4 percent in April 2016.

  • Number of CMBS Lenders Dropping in Risk Retention Era

    May 30, 2017

    As job growth in the professional services sector has increased substantially over the past several years, office real estate investment trusts (REITs) have benefited from strong leasing fundamentals. However, more office construction and oversupply concentrated in major metro areas such as New York City, Houston, and Washington, D.C., continue to concern those in the market. Plus, interest rate survey data from Trepp.

  • Outside Investors Becoming More Selective in U.K. and U.S.

    Asia’s largest investors are becoming increasingly selective when it comes to acquisitions in Europe and the United States and are looking more to their home markets. That was the view of one of Asia’s leading investment managers and other experts speaking at the ULI U.K. Annual Conference 2017.

  • Airbnb, Smaller Hotel Operators Helping to Revive Japan’s Hinterlands

    Japan’s aging population is well documented, but a drain of population from provincial and rural areas to the cities has also occurred. ULI Japan’s Spring Conference, held in Tokyo’s Nihonbashi Hall, included a panel of exerts examining how real estate, technology, and the sharing economy could boost ailing areas through tourism.

  • Future-Proofing Cities over the Next Decade for Driverless Cars

    May 25, 2017

    Driverless cars will have an even greater disruptive impact on society than elevator did more than a century ago, as soon as public fear gives way to acceptance, said panelists at the ULI Washington Real Estate Trends Conference.

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