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Diana Olick

@dianaolick.bsky.social

Senior Climate and Real Estate Correspondent with 20+ years @CNBC. Specials include Rising Risks, a long form series on the climate risks and Clean Start, a bi-monthly series on climate start-ups. Trying to be a better earthling.

1,209 Followers  |  45 Following  |  66 Posts  |  Joined: 22.11.2024
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Posts by Diana Olick (@dianaolick.bsky.social)

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Homebuyers are backing out of deals at the fastest pace in nearly a decade More than 16% of signed contracts on homes in December were cancelled, as consumers face continued uncertainty in the economy and rising inventory.

This comes after news that sellers were pulling their homes off the market at a high rate as well www.cnbc.com/2026/01/27/h...

27.01.2026 18:48 β€” πŸ‘ 6    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Why this billionaire real estate developer is waving a red flag over data centers While big players such as Blackstone, KKR and Bain Capital are buying in, Fernando de Leon, founder of Leon Capital Group, said he is sitting out.

This went out yesterday in the Property Play newsletter. Today, the news from Oracle/Blue Owl...it all plays into the same warning.
#realestate #realestateinvesting #AI #datacenters
www.cnbc.com/2025/12/17/b...

17.12.2025 16:12 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Homeowners are losing thousands in equity thanks to weakening prices Weaker prices mean homeowners are starting to lose equity after several years of huge gains.

Falling home prices don't just impact buyers and sellers. They impact home equity, which changes the economic equation for each and every homeowner. Consumer spending could take a hit. #realestate #realestateinvesting www.cnbc.com/2025/12/12/h...

12.12.2025 17:16 β€” πŸ‘ 3    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Home prices go negative for the first time in over 2 years β€” and may stay that way for a while Home prices have not gone negative since mid-2023, a year after the Federal Reserve first brought rates up from zero, and mortgage rates moved sharply higher.

This new data set measures home prices on a daily basis. They use a very high tech method that measure a ton of different data points at once. Interesting to watch...
www.cnbc.com/2025/12/11/u...

11.12.2025 16:20 β€” πŸ‘ 4    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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Apartment rents drop further, with vacancies at record high A good supply of new multifamily units is coming online at a time of much weaker demand.

NEW DATA: #Apartment oversupply and a weaker consumer are proving a double whammy to the multifamily market. Great for renters. How will it affect Fed rates? REIT stocks? All in this week’s Property Play newsletter. Sign up at the link in the story. It’s free!

www.cnbc.com/2025/12/02/a...

02.12.2025 15:44 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Manhattan office leasing on track to hit highest volume since 2019 Manhattan office leasing increased more than 20% in August compared with July to 3.7 million square feet, according to a new report from Colliers.

It's Tuesday, so it's Property Play day! This week I have some breaking news...brand new numbers on the recovery in #Manhattan #office. It was barely two years ago, when doing office conversion stories, that we were mourning the death of work-from-office. Not so much.
www.cnbc.com/2025/09/02/m...

02.09.2025 13:59 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Pending home sales tick lower in July as canceled contracts spike Redfin found 15% of contracts were canceled in July, the highest rate since it began tracking the metric in 2017.

Interesting how growing consumer concern/angst over the #economy is seeping not just into homebuying decisions, but giving people "cold feet" even after they decide to buy. #Mortgage rates did drop slightly in August. Curious to see if that moves the needle at all.
www.cnbc.com/2025/08/28/p...

28.08.2025 16:09 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0
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The senior living market can’t keep up with demand as boomers age More than 4 million boomers will hit 80 in the next five years, and occupancy at both active adult and assisted living communities is already rising fast.

The latest from our Property Play weekly newsletter. Get it straight to your inbox -- sign up at the link(s) in the story.
www.cnbc.com/2025/08/19/s...

19.08.2025 18:49 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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Join Newsletter

Did you hear about how #office tenants use body heat to optimize their usage? Or so-called 'accidental landlords' going up against big name rental #REITs? That was last week. Don't miss out on the next Property Play newsletter coming out tomorrow! @cnbc.com #realestate #realestateinvesting #CRE

28.07.2025 19:14 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Why cutting capital gains tax on home sales wouldn't solve the country's housing issues President Donald Trump has suggested eliminating the capital gains tax on home sales. That would largely benefit the high end of the housing market.

This seems to be the hot topic du jour on our air, but honestly, it doesn't move the needle on the big issues in the #housing market. Here's why:
www.cnbc.com/2025/07/23/w...

23.07.2025 16:31 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 1    πŸ“Œ 1
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June home sales drop as prices hit a record high Existing home sales in June fell more than expected, as prices hit another record high and mortgage rates remain high. Supply, however, is growing.

Price gains are shrinking, and the median is definitely skewed due to the fact that sales are much stronger on the higher end of the market. The $1M+ range seems to have recovered from its brief spring swoon from stock market volatility. #realestate #housing #mortgage
www.cnbc.com/2025/07/23/j...

23.07.2025 15:53 β€” πŸ‘ 3    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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How companies are using body heat sensors to make offices more efficient and hospitable Butlr uses body heat to track physical interactions and movement in the workplace. This helps clients save money through office efficiencies.

It's Property Play Tuesday! If you've already signed up for the weekly newsletter, then you've seen this super cool story. If not, here's a taste of what we're offering. Sign up at www.cnbc.com/propertyplay
#realestateinvesting #office #realestate
www.cnbc.com/2025/07/22/b...

22.07.2025 16:52 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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CNBC Launches Property Play Vertical Focused on the Real Estate Investor

Super excited to announce the launch of my new #realestate platform on CNBC. If you're a real estate investor...
www.cnbc.com/2025/07/10/c...

10.07.2025 17:27 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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Sales of new homes tanked in May, pushing supply up to a 3-year high New home sales dropped much more than expected, as high prices, high mortgage rates and weak consumer confidence ate into demand.

Here's what's behind the steep drop in sales of newly built homes:
#homebuilders #housing #realestate #realestateinvesting

25.06.2025 15:05 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Sales of newly built homes in May dropped a sharper than expected 13.7% from April. Sales -6%yy. Slowest pace since 10/24. Sale price +3%yy. 9.8-month supply, up 15% yy. #realestate #realestateinvesting #homebuilding

25.06.2025 14:09 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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May home sales increase very slightly, but prices hit another record high Sales of existing homes rose very slightly in May from April but were still weaker than they were a year ago. Prices rose, hitting a record high for May.

Slowest May pace since 2009! But prices still higher than a year ago, because supply is still lean. Smallest price gain, however, since 2023, when prices briefly went negative annually due to higher #mortgage rates. #housing #realestate #realestateinvesting #mortgagerates #interestrates

23.06.2025 14:55 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers Sentiment among the nation's homebuilders fell due to stubbornly higher mortgage rates, tariff concerns and economic uncertainty among consumers.

Getting into ugly territory, as stubbornly high #mortgage rates and overall economic uncertainty hit consumers. The street had been looking for improvement, given tariff negotiations...but alas... #realestate #realestateinvesting #housing #homebuilders

17.06.2025 14:14 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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More office space is being removed than added for the first time in at least 25 years More office space is now being removed than is being added. That should help the recovery in a real estate sector that was crushed by the pandemic.

For the first time in recorded history, more #office buildings are being converted to residential or destroyed than are being built. That's the new working world order. #realestate #realestateinvesting #economy #jobs

02.06.2025 17:05 β€” πŸ‘ 5    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change Last year, JPMorgan hired Sarah Kapnick as the bank's chief climate scientist. She's now advising clients on how climate change will impact their investments.

#HurricaneSeason begins today. If you're an investor, in anything, read this: JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change

01.06.2025 18:59 β€” πŸ‘ 34    πŸ” 9    πŸ’¬ 1    πŸ“Œ 0
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JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change Last year, JPMorgan hired Sarah Kapnick as the bank's chief climate scientist. She's now advising clients on how climate change will impact their investments.

One of the most fascinating interviews I've ever done. Seriously. On the eve of #hurricane season, #tornadoes moving across the South and Canadian #wildfire smoke descending on the upper Midwest, there is no more important time to focus on #climate impact on #finance #economy. @climate.noaa.gov

31.05.2025 17:22 β€” πŸ‘ 826    πŸ” 232    πŸ’¬ 17    πŸ“Œ 9
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April home sales dropped to the slowest pace for that month since 2009 Home sales in April dropped, as consumers faced high home prices and growing concern over the economy and employment.

Commentary from the Realtors' chief economist was almost entirely concern over rising #mortgage rates. This as the administration talks about taking Fannie and Freddie out of conservatorship, which could push rates even higher. #realestate #realestateinvesting #housing #inflation #mortgagerates

22.05.2025 14:28 β€” πŸ‘ 5    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Average rate on 30-Yr fixed #mortgage goes back over 7% this morning. 7.05% per Mortgage News Daily.

21.05.2025 16:43 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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The U.S. Under Trump: Alone in Its Climate Denial

This is terrifying. Please read/share. #climate #climatecrisis #climatechange
@nytimes.com

19.05.2025 20:40 β€” πŸ‘ 20    πŸ” 9    πŸ’¬ 0    πŸ“Œ 0
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Mortgage rates cross back over 7% after U.S. credit downgrade The rate on the 30-year fixed mortgage crossed 7%, hitting its highest level since April 11.

And here we are again...
#realestate #realestateinvesting #mortgage #mortgagerates #downgrade

19.05.2025 17:59 β€” πŸ‘ 5    πŸ” 4    πŸ’¬ 0    πŸ“Œ 0
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Need a home mortgage? Here's how climate change could hit your credit score A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into underwriting, it could alter credit scores.

I've been following this for a long time now -- the direct effect on home values from #climate change. This now takes it further, to #credit risk and #mortgage underwriting. Really important for every homeowner to understand.
#realestate #realestateinvesting

19.05.2025 17:57 β€” πŸ‘ 107    πŸ” 40    πŸ’¬ 5    πŸ“Œ 3
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Here's exactly how unaffordable today's housing market is β€” and where it's getting worse The housing shortage is finally easing, but even with more listings available, the market still historically unaffordable to a huge swath of buyers. Here's why.

You wonder why home sales are so low? Because a growing share of Americans simply can't afford it. Right. We know that. But wait 'til you see the actual numbers.
#realestateinvesting #inflation #housing #realestate @rdcnews.bsky.social

15.05.2025 15:00 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Inside The World’s Largest 3D Printed Neighborhood
YouTube video by CNBC Inside The World’s Largest 3D Printed Neighborhood

Sometimes a story is just THAT cool...so we're giving it more time to breathe. Check out the insane visuals and the two-year journey we took to get it all. Definitely one of the most important #innovations in #housing #construction going forward. @vanapplegate.bsky.social @icon3dtech.bsky.social

14.05.2025 16:27 β€” πŸ‘ 3    πŸ” 2    πŸ’¬ 2    πŸ“Œ 0
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Something 'striking' is happening with apartment renters More renters are choosing to stay in their apartments when their leases are up.

First we reported on how potential homebuyers are frozen out of fear of tariffs/economy. Apparently it's also hitting #renters. #realestate #realestateinvesting #apartments #rent #housing

09.05.2025 16:22 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Mortgage demand rises 11% weekly CNBC's Diana Olick reports on news regarding mortgages.

Anchor Kelly Evans came down to DC today for #Fed coverage. We talked #mortgage rates. #realestate #realestateinvesting #interestrates

07.05.2025 19:00 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
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Weekly mortgage demand suddenly surges, despite lingering economic uncertainty Mortgage demand from both homeowners and potential homebuyers moved higher last week, even though mortgage rates didn't fall very much.

I'm wondering if the April #housing freeze, brought on in part by the #liberationday stock market swings, is starting to thaw. Of course one week does not a trend make... #realestate #realestateinvesting #mortgagerates #mortgage #economy

07.05.2025 15:29 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0