The Most Splendid Housing Bubbles in America amid the Now-Fizzled Rate-Cut Mania & Erstwhile Plunge in Mortgage … – WOLF STREET

Rate-Cut Mania died, mortgage rates re-jumped to 7.5% today, but here’s what home prices did during Rate-Cut Mania. By Wolf Richter for WOLF STREET. The brief and now bygone era of Rate-Cut Mania. Today’s S&P CoreLogic Case-Shiller Home Price Index, dubbed “February,” is a three-month moving average of home prices whose sales were entered into public records in December, […]

‘Perfect Storm’: Early 2024 Biotech Bounce Isn’t Helping Deflated Life Sciences Real Estate Market – Bisnow

The stubborn mismatch of life sciences lab space — a growing glut of supply and moderation of demand — hasn’t shown signs of any correction thus far in 2024. Early analysis and data suggest that despite positive market signs and financial activity, including increased Big Pharma merger activity, the runaway success of anti-obesity drugs and a thawing of the initial […]

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