Jesse Thompson (Regional Business Economist, The Federal Reserve, Bank of Dallas, Houston Branch) spoke at TABB- Houston, Texas Association of Business Brokers January 26th luncheon, with a focus in oil.
Category: Southeast Texas Market Reports
COLLIERS INTERNATIONAL HOUSTON TRENDS 2017 RECAP
BY ANNA DEMMLER
Special Speaker Tyler Mathisen made sure to keep his crowd happy and laughing with his jokes during his talk! While Mathisen wanted his audience to know 2017 will be filled with a lot of “We don’t know,” Pat Duffy (President, Houston Colliers International) gave an overview of Q4 2016 in Houston.
These were Houston’s 10 biggest office leases of 2016
Hulking vacancies, a record-high volume of sublease space and pint-sized transactions largely defined a sluggish 2016 for Houston’s office market.
Click to read more at Houston Business Journal.
These leases gave Houston’s industrial market a strong finish in 2016
The storm of 2016’s low oil prices and layoffs has subsided, according to a recent CBRE report, and Houston’s industrial market is set to benefit from the recovery in 2017.
Click to read more at Houston Business Journal.
Houston sees surge in home sales, including luxury
Houston’s housing market saw significant increases across the board last month, performing much better than it did in November 2015.
Single-family home sales jumped 22.7 percent to 5,706, the biggest year-over-year increase for a single month since July 2013, according to the Houston Association of Realtors.
Click to read more at Houston Business Journal.
Houston sees first decrease in office sublease space in two years
For the first time since the third quarter of 2014, Houston’s office sublease inventory contracted, according to a report from Chicago-based JLL. The city’s shrunken sublease space can be partly attributed to a significant deal that took place in the third quarter, the report states.
Read more at Houston Business Journal.