Fundraising declined in 2024, with $80 billion raised, while core fundraising hit a record $9.5 billion. Investors are spending down reserves, and shifts in uninvested capital will drive deal activity in 2025.

Retail wrapped up the year on a high note, delivering a stronger-than-expected finish. Overall sales grew by a solid 3.8% in December, with inflation-adjusted volume up 1.6%.

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.