The tech industry’s share of U.S. office-leasing activity in this year’s first half inched down to 20 percent from 21 percent last year, as tech employment has proven resilient during the pandemic, according to CBRE’s annual Tech-30 report.
Read MoreThe employment market continued to recover in September, as the latest jobs report shows that the national unemployment rate has fallen to 7.9%, which is 46% below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city level, WalletHub today released its report on the Cities Whose September Unemployment Rates Are Bouncing Back Most, as a follow-up to its report on the States Whose Weekly Unemployment Claims Are Recovering the Quickest.
Read MoreAt a time when existing home inventory is near an all-time low, Phoenix home prices continue to rise — and homebuilders simply can’t keep up with demand.
Read MoreAfter a transformative year, hamburger drive-thru chain Rally’s has significantly increased sales and is looking for a major expansion in the Valley.
Read MoreAn expansive swath of desert in north Phoenix is likely the landing spot for Taiwan Semiconductor Manufacturing Co. Ltd.’s $12 billion plant, multiple sources with knowledge of the deal confirmed.
Read MoreThe median home sale price increased 15% year over year to $320,625 — the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In the week ending October 18, home prices were up 16% from the same week a year earlier. Home prices continue to buck their typical seasonal pattern.
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