February 2026

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%...

U.S. Single-Family Rents Cool to 15-Year Lows in Late 2025

Single-family rent growth across the U.S. decelerated sharply at the end of 2025, underscoring a broad cooling in housing demand and rising tenant leverage in several Sun Belt markets. National rents for single-family homes rose 1.2% in December 2025 from a year earlier, according to Cotality's latest Single-Family Rent Index (SFRI). That marks a steep slowdown from the 2.5% annual gain recorded between...

Weekly pending home sales back to year-over-year growth as we head into spring

Weekly pending home sales, which had shown year-over-year growth up until the late-January snowstorm, got back on track with year-over-year growth again last week. One thing to remember about our weekly pending sales data: it takes about 30-60 days to be reflected in the existing home sales data, so not only did the snowstorm delay people from listing their homes and looking at other homes, but some...

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