U.S. Coworking Hits 2.3% of Office Inventory as New Market Tool Tracks Sector Across 120 Metros
The U.S. coworking sector now spans 9,135 locations and 164 million square feet, representing just 2.28 % of total office inventory. A new Coworking Index from CoworkingCafe, part of Yardi, tracks the sector across 120 metros with monthly visual heatmaps and market rankings. The tool draws on the same proprietary data cited by Bloomberg and Forbes, offering granular benchmarks for operators and investors. With 4,338 operators in 2025 and 609 new entrants, the market is maturing while still far from the 30 % penetration target.
Mortgage Application Demand Finally Bounces
Mortgage applications rose 1.8% week‑over‑week for the week ending April 10, driven primarily by a 5% jump in refinance activity. The Refinance Index is now 15% above its year‑ago level, while the Purchase Index slipped 1% and remains 3% lower year‑over‑year....
New U.S.-Backed Industrial Hub Signals Where AI-Era Jobs Will Be Built Next
The United States and the Philippines announced a joint 4,000‑acre industrial hub in New Clark City, the Philippines’ flagship planned metropolis. The hub is part of Pax Silica, the Washington‑led program now counting 13 partner countries to protect AI, semiconductor and...
Canadian Real Estate Industry Cuts Forecast, Prices To Stagnate 2 More Years
The Canadian Real Estate Association (CREA) dramatically lowered its 2026 outlook, projecting only a 1% rise in existing‑home sales to 474,900 units and a modest 1.5% price increase to $688,955 CAD (about $509,000 USD). The forecast marks a seventh consecutive year of...
Dark Matter Changes; Mfg. DPA, QC, AI, Data Decisioning Tools; A Strained Housing Market; Insurance/Climate Interview
The Mortgage Bankers Association’s conference highlighted a surge in mortgage‑servicing‑rights (MSR) multiples, now trading in the mid‑5x range, while the Senate’s 21st Century ROAD to Housing bill faces drafting errors and controversial FHA fund reallocations. Dark Matter Technologies announced Vikas...
Summerlin Restaurant NNN Lease Extension in Las Vegas — Ohlala French Bistro Renews 1,993 SF
M Square Commercial negotiated a five‑year NNN lease extension for Oh la la French Bistro, securing its 1,993‑square‑foot Summerlin location on North Rampart Boulevard. The extension, signed on October 9, 2025, preserves occupancy for the tenant and provides long‑term cash‑flow stability for landlord Rampart...
Mayors Matter
A new paper in the Review of Economics and Statistics finds that mayoral elections materially shape housing supply in U.S. cities. Using a regression discontinuity design and novel data on campaign donations, the study shows developers who contribute to mayoral...
A Model For Europe? Switzerland Moves To Strengthen Country Against Foreign Property Owners And Migration
Switzerland’s Federal Council approved a draft amendment to the Lex Koller that will require foreign nationals from outside the EU and EFTA to obtain authorization before buying primary residences, and will bar them from acquiring rental‑purpose commercial properties. The proposal also...
Evening Update: Taxing Empty Towers - Mamdani Takes a Swing at the Billionaire Ghost Market
New York City mayor Eric Adams, confronting a $5.5 billion budget shortfall, is backing a tax on vacant office towers championed by policy adviser Mamdani. The proposal would levy owners of empty high‑rise office space that remains unused for at least...
Global Tensions Add Pressure to Major City Housing Markets
Global geopolitical tensions, highlighted by the US‑Israeli war with Iran, are tightening pressure on major city housing markets. In Sydney, the early‑March auction weekend delivered a clearance rate of just 45.9%, the weakest since SQM Research began tracking data in...
Codes Red: Questions and Comments From the Audience with some Responses
The Green Building Council of Australia (GBCA) outlined how its Green Star rating has evolved, now recognizing PEFC and Responsible Wood timber, and shifting PVC credits toward higher‑quality products. Participants called for stronger focus on embodied carbon, especially in heritage...
Post-and-Beam Living By A. Quincy Jones
A. Quincy Jones’s post‑and‑beam house in Crestwood Hills exemplifies his modernist credo of openness, material honesty, and a seamless dialogue with nature. The disciplined structural system creates fluid interior spaces framed by glass, while wood, concrete and steel remain exposed...
Canadian Real Estate Sales Hit 17-Year Low, But Prices Keep Climbing
Canadian home prices climbed for a third straight month, reaching roughly $520,000 USD in March 2024, according to CREA data. At the same time, total sales slipped 2.3% to 38,709 units, marking the weakest March since 2009. New listings fell 4.9%...
The Client Doesn’t Set the Price, the Market Does, According to Carlos Alex Rozwadowski
Carlos Alex Rozwadowski argues that real‑estate pricing must follow market data, not seller wishes. Overpricing a listing erodes early buyer interest, stalls momentum, and strains the agent‑seller relationship. Effective agents use up‑to‑date comparable sales, active and pending listings, and market...
HEWN Launches First U.K.-Wide Flexible Workspace Index Across Big Six Cities
HEWN has launched the United Kingdom’s first comprehensive flexible‑workspace index covering the Big Six cities—Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester. The index benchmarks flexible‑workspace returns against traditional office rents, using desk rates, operational costs and market rent data from...