In the post-recession market, shrinking unemploymentrising income have put further pressure on supply in major metro areas. A preference for renting over homeownership remains among millennialsbaby boomers.

California lost lower-income residents to other states over a recent 11-year period, while gaining wealthier households from elsewhere in the U.S. The disparity reflects the states sky-high rentshome prices, according to several reports released Thursday.

After months of speculationclues in Boston city planning materials, Amazon officially announced Tuesday it will bring 2,000 new jobs to the Seaport.

Multifamily rents are declining in the U.S., but Houston units are thriving. Rents for two-bedroom apartments in Houston grew 4.1% in April, the most in the nation, bringing average monthly rent to $1,549, according to Abodo research. One-bedroom units didnt fare quite as well, increasing only 0.71% last month, but that is still beating the national average.

Houstons exports have been growing rapidly as trade through the Gulf of Mexico increases, driving industrial growth around the Port of Houston. New tariffsa potential trade war with China have put $3.3B of that growth in jeopardy, according to a new report from the Greater Houston Partnership.

Boston critics say the Amazon HQ2 bidding process is reminiscent of the city’s quest to host the 2024 Summer Olympics. Fewer residents of Boston support the city getting Amazon HQ2 than any of the other jurisdictions still in the running, a new survey shows. Just 34% of Bostonians "strongly support" the city landing the $5B, 50,000-job second headquarters prize from the worlds largest e-commerce company, a study conducted by Elon UniversityThe Business Journals found. The figure is the lowest of the 16 U.S. metropolitan areas surveyed.

Despite Chinese investment in U.S. real estate declining 55% after the advent of strict government regulations on outbound investment, Chinese capital markets remain keen on five core markets. New York, San Francisco, Los Angeles, SeattleChicago will continue to benefit from Chinese investment even though the overall amount in each city will be much less, according to a report from Cushman & Wakefield.

We continue to see strong bidding from buyers on all types of assets from value-add to brand-new construction,” IPA Senior Director Drew Kile said. “These first-quarter transactions were closed with buyers from throughout the investment spectrum, ranging from major institutions to individual private buyers. Investors continue to be drawn to Texas by our state’s significant jobpopulation growth.”