At Colliers, we understand the importance of interconnected data, macroeconomic trends, and anecdotes in real estate decisions. With that in mind, here are 10 numbers and trends that have recently caught our attention: 

• GlobalData reports nearly 42% of e-commerce orders in 2023 involved stores, up from 27% in 2015. 
• Moody’s notes that 35% of office CMBS loans paid off at maturity in 2023 but estimated that 73% will be challenging to refinance over the next year.
• Of the 18,704 condos listed for sale in South Florida, 84% are 30+ years old, per ISG World. These properties are more likely to need repairs to meet structural safety standards.
• Realtor.com reports that, in April, Dallas had 7.4% more homes for sale than the average pre-pandemic April. It was the only major city to show an increase. By comparison, Chicago had 64% fewer active listings. 
• According to Barclays, buyers of the AAA portion of a CMBS deal backed by a Midtown Manhattan office building recouped three-quarters of their original investment, the first such loss reported. 
• Investors have scooped up $24.6 billion of new CMBS issuance in 2024, up 170% compared to last year, per Bloomberg.
• Ocean container shipping costs are soaring. According to Xeneta, rates could rise through June and will top those seen earlier this year during the Red Sea spike. 
• Stanford, Northwestern, and Mastercard report that consumers are on pace to spend an additional $375 billion online, surpassing the 2015-2019 trend due to a surge in remote work. 
• Piper Sandler notes that 21 states have seen their three-month average unemployment rate rise by at least 0.5 percentage points in the past year. These states make up 40% of U.S. GDP. 
• Bank profits rose 79.5% in the first quarter, per Reuters.