Monthly Archives: February 2024

U.S. Luxury Home Prices Hit Record High in 2023, Up 9 Percent Annually

Record Share of Luxury Home Buyers Now Paying in Cash Based on new data by Redfin, the typical U.S. luxury home sold for a record $1.17 million in the fourth quarter, up 8.8% from a year earlier. Prices of non-luxury homes increased at half the pace, rising 4.6% year over year to a record $340,000.…

Green Energy Companies Flocking to New York City Office Space

According to CBRE, with over $55 billion committed by New York State to source 70% of its power from renewable energy by 2030 and to achieve a zero-emission electric sector by 2040, New York City is experiencing the start of a new trend according to the CBRE Brief, “NYC’s Energy-Related Leasing Rises in Response to…