More than 300,000 parcels are currently listed for sale, but their ability to support new housing depends on zoning, infrastructure and development economics.

Discretionary categories and experience-driven businesses led June's gains, while discount stores continued benefiting from consumers' focus on value.

The JPMorgan CEO's Treasury warning challenges expectations that easing inflation will provide substantial relief for commercial real estate financing.

Record conversion activity is emerging as falling property values help developers overcome the high cost of transforming obsolete offices.

May investment volume rose 18%, but portfolio and entity transactions accounted for much of the growth as individual property sales declined in several major sectors.

Millennials added 5.3 million homeowner households in five years, yet 12.6 million members of the generation still rent, with coastal markets retaining the largest shares.

Preleasing remains strong and enrollment is rising, but concentrated development pipelines have pushed rents lower in nearly half of tracked university markets.

The sector registered stronger seasonal gains with Midwest markets leading the nation, while parts of Florida and Texas continue to lag.