HOUSTON—Commercial construction costs were expected to come down in 2015 and 2016, which is still possible, while lower oil prices have caused an office sector slowdown replaced by volume in other markets.

PHOENIX—Class-B total net absorption has grown from 32% to 61%, and, as has occurred in past cycles, increased activity in Midtown is expected as rents in other major class-A office corridors rise.

WASHINGTON, DC—June's monthly increase, reported Friday by the Commerce Department, came in well ahead of a consensus among economists polled by the <i>Wall Street Journal</i>.

IRVINE, CA—June's totals are 19% lower than foreclosures in June 2015, nearly the lowest level in the last ten years.