Today’s News 8-27-2025

Commercial Property Prices Post First Back-to-Back Annual Gains Since 2022

U.S. commercial property prices posted consecutive year-over-year gains in June and July, marking the first such two-month stretch since mid-2022, according to MSCI. The data suggests that sentiment across the sector may be shifting after several years of broad declines. MSCI’s RCA CPPI National All-Property Index rose 0.9% in July compared with the same month in 2024, and…»

Phoenix ranks among Top 10 markets for industrial leases in 2025

Phoenix ranks fifth nationally among the markets with the largest share of the top 100 industrial leases in the first half of 2025, according to a new report from CBRE. Phoenix had four of the top 100 leases, totaling 2.2 million square feet, with 24.4 percent of its transactions being renewals in the first half of 2025. “Given Arizona’s business-friendly environment, deep and diverse labor base…»

West Valley city wants to annex nearly 2,000 acres to create major employment hub

Buckeye is the latest fast-growing Valley city looking to ramp up employment opportunities closer to town, with plans for a major industrial employment corridor in the works. On Aug. 26 Buckeye City Council will discuss a request to annex over 1,900 acres of agricultural land near Verrado Way and MC85 to lay the framework to turn the area into an industrial hub housing advanced…»

Student housing CEO says luxury is losing its appeal

Consumers are increasingly concerned about the state of the economy, and that is affecting yet another real estate sector — student housing. Rent growth in the sector slowed to just 0.9% in July across 200 colleges surveyed by Yardi. The average advertised asking rent fell to $905 per bed, a 1.4% decrease from the $918 peak in March “as operators struggle to lease remaining…»

When will mortgage rates go down? Rates stopped dropping and remain unchanged.

Mortgage interest rates have stayed flat this week. The average 30-year fixed rate hasn’t changed at all and is 12 basis points higher than this time last year. This could leave potential home buyers wondering, “Is this a good time to buy a house?” Now could be a good time to buy, as far as interest rates go, because experts don’t expect rates to plummet before the end of the year…»