US RESIDENTIAL REAL ESTATE ON A STRONG FOOTING

Residential real estate in the US is experiencing strong demand as favourable mortgage rates and a growing population drive buyer interest. This heightened demand has led to increased competition and subsequent price appreciation in many regions across the country. However, price growth varies across different markets and neighbourhoods.

Commercial real estate, particularly office and retail spaces, is witnessing a transformation due to evolving business needs. As companies embrace flexible work arrangements and e-commerce continues to thrive, there is a shift in demand towards flexible office spaces, distribution centres, and online retail fulfilment spaces.

Government policies, such as low-interest rates and tax incentives, have contributed to increased affordability and stimulated buyer confidence. Demographic factors, including the emergence of millennials as homebuyers and changing lifestyle preferences, also influence market dynamics.

The future outlook for the US real estate market appears positive, with continued demand expected. Low mortgage rates are projected to remain favourable for buyers, supporting market activity. However, challenges such as rising construction costs and potential supply constraints may impact affordability and inventory levels in some areas.