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New Forecast: Global Real Estate Crowdfunding Market to Reach $161 Billion by 2030

New Forecast: Global Real Estate Crowdfunding Market to Reach $161 Billion by 2030

by Phil Hall | Sep 25, 2023 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The global real estate crowdfunding market reached $11.5 billion in 2022 and is being forecast to reach $161.8 billion by 2030 with a compound annual growth rate (CAGR) of 45.9%, according to a new report from Vantage Market Research. The report noted residential real...
CBRE Reduces Near-Term Lodging Sector Outlook, Citing Weak Summer Demand

CBRE Reduces Near-Term Lodging Sector Outlook, Citing Weak Summer Demand

by Phil Hall | Aug 17, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CBRE (NYSE:CBRE) reduced its 2023 forecast for hotel performance, citing a weaker-than-expected summer demand that created a second quarter revenue per available room (RevPAR) shortfall. The revised forecast is now predicting a 2023 RevPAR of $96.64, up 4.6%...
CBRE Forecasts Stronger Performance by the Hotel Industry

CBRE Forecasts Stronger Performance by the Hotel Industry

by Phil Hall | May 24, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

CBRE Group (NYSE:CBRE) has raised its forecast for hotel performance this year, citing stronger-than-expected demand and more modest supply growth drive occupancy gains. In its revised forecast, CBRE is predicting 2023 revenue per available room (RevPAR) will reach...
Global Home Decor Market Forecasted to Reach $949 Billion by 2032

Global Home Decor Market Forecasted to Reach $949 Billion by 2032

by Phil Hall | May 12, 2023 | Industry Updates, International Real Estate News, News/Current Events, WRE News Exclusive

The global home decor market is expected to expand from $672.2 billion as of 2022 to $949 billion by 2032, a 3.6% CAGR, according to data from Market.us. North America held a market revenue share of approximately 39.7% in 2022, but the Asia Pacific market is...
Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs

Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs

by Phil Hall | May 11, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers will suffer if President Biden and the GOP leadership cannot reach an agreement on the debt ceiling, according to a data analysis from Zillow Group (NASDAQ: Z, ZG). While acknowledging that a debt default was “very unlikely” Zillow predicted mortgage rates...
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