Investing in Real Estate via Tokenization
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US Hotel Update
Metropolitan and Suburban Markets. As we all know, the Hotel industry was hit the hardest with the pandemic. The full impact in the hotel industry took hold in April with 70% year-over-year drop in demand before rebounding slighty to close Q2 down by 60%. Supply growth fell to 1.3% from 1.5% in Q1. These numbers are provided by CBRE.
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Why Suburban Office Is More Attractive Than Ever
The 1st quarter of 2021 sees a significant recovery of the U.S. Commercial Real Estate (CRE) Market in every sector compared to the same time of last year. The increase in suburban prices contributes to the robust gain in U.S. commercial property prices in March 2021.
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An All-Time High In The US Real Estate Market
The real estate market is still on fire and continuing to soar significantly this summer. According to the S&P CoreLogic Case-Shiller, the nation’s house price index has been hitting the record high at 243.66, increasing 13.2% year-over-year as of March 2021. Below is the home price data list of 20 major U.S. metropolitan areas ranked from highest to lowest in 12-month change.
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