Today’s News 8-22-2025

Once a niche segment of the housing market, build-to-rent developments of townhouses and single-family houses have rapidly gained traction across the United States, with the Sun Belt emerging as a clear epicenter of growth. Fueled by population growth and the availability of land in these areas, as well as the escalating cost of homeownership, demand for build-to-rent…»

Commercial real estate investors are facing a complex environment as persistent uncertainty around Treasury yields clouds key decisions about deals, valuations and capital strategies. Ivy Zelman, founder of Zelman & Walker, addressed this uncertainty in a wide-ranging discussion with Willy Walker, CEO of Walker & Dunlop, about housing sector fundamentals and their broader implications…»

America’s housing shortage grew to an all-time high of 4.7 million units, according to a new Zillow® analysis of recently released Census data. This deepening housing deficit remains the prime driver of the nation’s housing affordability crisis. In Metro Phoenix, the housing shortage hit 98,703 in 2023, an analysis shows. Construction boomed in response to high demand and price growth during…»

The developer of a $650 million project to build Arizona’s tallest tower won’t break ground in 2025, after all. Originally projected to break ground during the second quarter, the project is getting pushed back to potentially break ground in downtown Phoenix by the back half of 2026. Aspirant Development, developer of the Astra, is still working on finalizing…»

Smaller commercial real estate transactions are showing signs of renewed strength, even as overall activity remained below the market’s peak three years ago. According to data from Green Street, sales of properties priced between $5 million and $25 million totaled $45.24 billion in the first half, a 3.5% increase from $43.7 billion during the same period in 2024. While deal…»