Data Center Demand Shatters Multiple Records in 2025 Amid AI Boom

North America's data center market surged to unprecedented levels in 2025, driven by hyperscale cloud operators and AI workloads that pushed absorption and lease rates to historic highs, according to CBRE. Across the eight primary markets, tenants took nearly 2,500 megawatts (MW) of space last year -- a 38% increase from 2024 -- underscoring the rapid adoption of AI-powered tools and digital services....

U.S. Mortgage Rates Drop Below 6 Percent, First Time Since 2022

Igniting a Refinance Surge Ahead of Spring Housing Season The average rate on a 30-year fixed loan fell to 5.99% this week, matching its lowest level since 2022. A year ago, borrowers faced rates closer to 6.9%, underscoring how sharply financing costs have eased in recent months. The pullback is already reigniting refinancing activity. Applications to refinance a home loan have surged roughly 130%...

Housing Affordability Squeeze Grips Nearly Half of Americans

Nearly half of Americans are grappling with the monthly burden of rent or mortgage payments, a stark indicator of the persistent affordability crisis plaguing the U.S. housing market, according to a fresh survey released by real-estate brokerage Redfin. The poll reveals that 49% of U.S. residents report difficulties in keeping up with their housing costs, up from 44% in a similar survey last spring. The...

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