Survey: Commercial Real Estate Recovery to Accelerate

While commercial real estate has been dealt a debilitating blow because of the pandemic, there are glimmers of hope that a significant recovery may soon take hold. The Urban Land Institute’s Real Estate Economic Forecast, which was released Tuesday during ULI’s virtual 2020 fall conference, shows that the industrial and retail sectors are particular bright spots that are expected to rebound strongly over the next couple of years. A panel of experts at the virtual meetings sounded off on where they see commercial real estate heading.

Industrial is the “star” of commercial real estate. Total annual returns for the sector are projected to be 4.5% in 2020, 6.2% in 2021, and 10% in 2022, according to the ULI survey, which includes insights from more than 30 economists and analysts at the nation’s leading real estate organizations. The flourishing segment of e-commerce storage is expected to continue to surge, said Suzanne

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In Quebec City, the number of properties for sale is falling while price increases accelerate

Quebec City Real Estate Market

Residential Sales – September 2020
Residential Sales – September 2020
Residential Sales – September 2020

QUEBEC CITY, Oct. 07, 2020 (GLOBE NEWSWIRE) — The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its most recent residential real estate market statistics for the Montreal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris provincial database.

In total, 943 residential sales transactions were concluded in September 2020 in the Quebec City CMA, a spectacular increase of 72 per cent compared to September of last year. This was also the strongest increase in sales ever recorded for the region, all periods combined.

“Active listings of single-family homes have fallen by almost half in the past 12 months in a context where the number of transactions has seen historic growth. The Quebec City market has therefore gone from a slow recovery mode to one of accelerated growth in all

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Machine learning homes in on catalyst interactions to accelerate materials development

chemical
Credit: CC0 Public Domain

A machine learning technique rapidly rediscovered rules governing catalysts that took humans years of difficult calculations to reveal—and even explained a deviation. The University of Michigan team that developed the technique believes other researchers will be able to use it to make faster progress in designing materials for a variety of purposes.


“This opens a new door, not just in understanding catalysis, but also potentially for extracting knowledge about superconductors, enzymes, thermoelectrics, and photovoltaics,” said Bryan Goldsmith, an assistant professor of chemical engineering, who co-led the work with Suljo Linic, a professor of chemical engineering.

The key to all of these materials is how their electrons behave. Researchers would like to use machine learning techniques to develop recipes for the material properties that they want. For superconductors, the electrons must move without resistance through the material. Enzymes and catalysts need to broker exchanges of electrons, enabling

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Home Prices in 20 U.S. Cities Accelerate the Most Since 2018

(Bloomberg) — Home prices in 20 U.S. cities gained in July, pushed higher by demand for housing that has been fueled by low mortgage rates.



a view of a city: Single-family homes with rooftop solar panels and backyard pools are seen in this aerial photograph taken over a Lennar Corp. development in San Diego, California, U.S., on Tuesday, Sept. 1, 2020. U.S. sales of previously owned homes surged by the most on record in July as lower mortgage rates continued to power a residential real estate market that’s proving a key source of strength for the economic recovery.


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Single-family homes with rooftop solar panels and backyard pools are seen in this aerial photograph taken over a Lennar Corp. development in San Diego, California, U.S., on Tuesday, Sept. 1, 2020. U.S. sales of previously owned homes surged by the most on record in July as lower mortgage rates continued to power a residential real estate market that’s proving a key source of strength for the economic recovery.

The S&P CoreLogic Case-Shiller index of property values increased 3.9% from 2019, beating the estimate of 3.6%. It was the biggest year-over-year increase since December 2018.

The housing market has been an unexpected bright spot for the U.S. economy, with Americans eager to take advantage of record-low mortgage rates. A shortage of inventory has helped

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