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Global Real Estate Leasing Market Procurement Intelligence Report with COVID-19 Impact Analysis

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Press release content from Business Wire. The AP news staff was not involved in its creation.

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LONDON–(BUSINESS WIRE)–Oct 12, 2020–

The Global Real Estate Leasing market will register an incremental spend of about $21 billion, growing at a CAGR of 5.25% during the five-year forecast period. A targeted strategic approach to Global Real Estate Leasing sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic . Request free sample pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005371/en/

SpendEdge has announced the release of its Global Real Estate Leasing Market Procurement Intelligence Report (Graphic: Business Wire)

Key benefits to buy this report:

  • What are the market dynamics?

  • What are the key market trends?

  • What are the category growth drivers?

  • What are the constraints on category growth?

  • Who are the suppliers in
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HOME FOR SALE 

Real Estate Software Market Will Showcase Positive Impact During 2020-2024 | Growing Middle-class Population to Boost Market Growth

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Technavio has been monitoring the global real estate software market size and it is poised to grow by USD 3,825.16 billion during 2020-2024, progressing at a CAGR of about 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005071/en/

Technavio has announced its latest market research report titled Global Real Estate Software Market 2020-2024 (Graphic: Business Wire).

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altus Group Ltd., AppFolio Inc., Autodesk Inc., CoStar Group Inc., Fiserv Inc., International Business Machines Corp., LanTrax Inc., Oracle Corp., SAP SE, and

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FOR SALE 

Home For Sale Listings Soar As Pandemic’s Economic Impact Grips San Francisco

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SAN FRANCISCO (CBS SF) — Rents are tumbling and the number of homes listed for sale are soaring — all signs that the COVID 19 exodus from San Francisco was not losing its momentum six months into the pandemic.

With many of the region’s top employers still under work-at-home mandates or having furloughed or reduced staffing, the once red-hot real estate market has gone into a chill.

Apartmentlist.com — the San Francisco-based online listing service — said rents in the city have decreased by 5.2% month-over-month in September and are down by 17.8% since the start of the pandemic in March — the fastest decline among the nation’s 100 largest cities.



chart, line chart

© Provided by CBS SF Bay Area


Median two-bedrooms were renting for a cost $2,592 while one-bedrooms were going for $2,240. It was a much different snapshot of the local market at the start of the year before the

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FORECLOSURE HOMES 

15 Upcoming Trends That Will Impact The Real Estate Market

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With the economy fluctuating, more investors turn to the real estate market because of its resilience. Yet, to get the most out of the real estate market, an investor needs to spot trends before they become apparent to everyone. Over the next one to three years, the real estate market is likely to see a lot of change, from how realtors do business to how people buy houses. Even rental properties are likely to be affected by these trends.

But what are these elusive business opportunities that you should be looking out for? Fifteen members of Forbes Real Estate Council delve into what these trends are and how any investor in the field can make the most of them in the coming years.

1. Increased Demand For More Livable Space

Due to

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FLORIDA REAL ESTATE 

The surprising impact of the pandemic on Miami-Dade real estate

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Months of stay-at-home orders, growing numbers of infections and deaths, working remotely while the kids are attending school in the next room, stop-and-start business closures, and no end in sight to the COVID-19 pandemic have all had an unexpected — and seismic — impact on Miami-Dade’s real estate market. It’s just not what you probably think it is.

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“As the weeks ticked by, we were all getting stir crazy and our tempers were running thin, especially all of us glued together in a tiny apartment,” said Maria Ester Mercader, who lives with her husband and their three sons in a two-bedroom condo with no balcony in Key Biscayne.

Mercader had been thinking about buying a home for a couple of years, but COVID finally tipped the couple off the fence. “We felt really sad for our three boys who were now begging for a ‘big house’ with a

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HOME FINDER 

Raucous presidential debate has no lasting impact as North American markets end month

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TORONTO – A raucous U.S. presidential debate had little lasting impact on stock markets Wednesday as they ended their worst month since March’s sizable correction.

The early futures in both Canada and the U.S. decreased significantly after Tuesday’s chaotic debate between U.S. President Donald Trump and former vice-president Joe Biden.

But with nothing new presented on policy, investors latched onto hopeful news from Treasury Secretary Steve Mnuchin about a possible fiscal stimulus deal.

“Once the market sort of digested that early in the morning, we saw a sharp reversal in particular in the U.S. and we saw the TSX go into positive territory as well,” said Giles Marshall, portfolio manager at Fiduciary Trust Canada.

“Mnuchin offered some optimism pretty much at the last minute in terms of being able to get a deal done before the election takes place.”

Markets lost some of the gains in afternoon trading.

While investors

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FLORIDA REAL ESTATE 

Could Disney’s Layoffs Impact Real Estate in Florida and California?

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Walt Disney (NYSE: DIS) has had a rough time because of COVID-19. Its massive West Coast theme park Disneyland in Anaheim, California, has been closed since March 14, and its East Coast park, Walt Disney World in Orlando, Florida, reopened with capacity restrictions in July. Because of this, the entertainment giant will be laying off 28,000 workers, mainly in these two main hubs. Most of the affected jobs are part-time positions, but some full-time employees are also being laid off.

Disney is a major contributor to the economy in both Orlando and Anaheim, and its reach extends far beyond the parks themselves. These locations host restaurants, hotels, shops, and other services that cater to tourists. Disney is also currently Central Florida’s largest employer.

The employee factor

With a current median home listing price of $650,000, Anaheim may not be affordable for all park workers to buy a home there. There

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HOME VALUES 

Weakened home affordability could impact urban flight

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COMMERCIAL REAL ESTATE 

Commercial Real Estate: Definition, Impact, REITs

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Commercial real estate is any property owned for the purpose of producing income. There is about $6 trillion worth of commercial real estate in the United States. Here are the five largest categories of commercial real estate.

  1. Retail includes indoor shopping malls, outdoor strip malls, and big box retailers. It also includes grocery stores and restaurants. Its value is around $2.1 trillion or 36 percent of the total value of commercial real estate. It consists of at least 9.5 billion square feet of shopping center space.
  2. Hotels include motels, luxury resorts, and business hotels. This category does not include homes that rent out rooms through Airbnb. There are roughly 4.4 million hotel rooms worth $1.92 trillion.
  3. Office buildings include everything from Manhattan skyscrapers to your lawyer’s office. There are roughly 4 billion square feet of office space, worth around $1.7 trillion or 29 percent of the total.

  4. Apartment buildings are
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HOME VALUES 

Oil prices on track for weekly fall on worries over COVID-19 impact on crude demand

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Oil futures lost ground Friday, leaving both major benchmarks on track for their third weekly decline in four weeks as worries about the demand outlook grow in response to rising COVID-19 cases.

“Investors have become more cautious this week in general…as recent increases in coronavirus cases has increased questions over what a second wave could mean for the world economy and resource demand,” Colin Cieszynski, chief market strategist at SIA Wealth Management, told MarketWatch.

A rebound in the U.S. dollar this week has also weighed on dollar-denominated oil prices, he said. The ICE U.S. Dollar Index
DXY,
+0.34%
 was up around 1.9% for the week.

West Texas Intermediate crude for November delivery
CL.1,
-0.54%
 
CLX20,
-0.54%
 fell 40 cents, or 1%, to $39.91 a barrel on the New York Mercantile Exchange following a similar rise a day earlier.

Front-month November Brent
BRNX20,
-0.38%
 fell 26 cents, or 0.6%, to $41.68

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