While housing affordability is low, builders are feeling optimistic about 2025.

Job growth and booming supply also lifted these markets to record performances.

Stadiums located on the coasts are more vulnerable to climate-related risks.

Multifamily is stabilizing, retail is dropping and hospitality is trending positive.

The same population migration trends that affect CRE demand also influence voting.

While inflation remains a concern, what really matters to CRE is the certainty that is emerging around rates.

One-third of homeowners are spending more than 30% of their income on housing costs.

Investors are returning to the US market as positive economic indicators emerge.