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.
The Electric Reliability Council of Texas anticipates power demand increasing by the equivalent of 30 nuclear power plants by 2030.
There were 119,000 unsold, finished homes in the U.S. at the end of February, the highest since July 2009, based on Census data. Unsold inventory peaked closer to 200,000 in 2008.
The Conference Board’s latest survey had the lowest expectations for income, business, and labor market conditions in 12 years.
Cox Automotive reported 1.73 million vehicle repossessions in 2024, the highest since 2009.
TD Cowen estimates Microsoft has forgone about 2 gigawatts of future data center capacity in the U.S. and Europe.
The Federal Reserve will allow $5 billion of Treasuries to mature without being reinvested as of April, down from $25 billion previously.
Blackstone’s BREDS V real estate debt fund matched the firm’s record by raising $8 billion.
The National Association of Home Builders estimates the cost to build a new home in the U.S. could increase by $7,500-$10,000.
Meanwhile, the cost of a new vehicle could rise by up to $10,000 on higher-end models, per the New York Times.
The Atlanta Fed’s GDPNow model estimates that real GDP growth in Q1 will come in at -2.4%. The New York Fed’s Nowcast estimates growth of 2.6%.