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Diana Olick

@dianaolick.bsky.social

1.2K followers 45 following 61 posts

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.

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Diana Olick @dianaolick.bsky.social · Sep 2

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...

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.

Diana Olick @dianaolick.bsky.social · Aug 28

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...

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.

Diana Olick @dianaolick.bsky.social · Aug 19

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...

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.

Diana Olick @dianaolick.bsky.social · Jul 28

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

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Diana Olick @dianaolick.bsky.social · Jul 23

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...

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.

Diana Olick @dianaolick.bsky.social · Jul 23

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...

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.

Diana Olick @dianaolick.bsky.social · Jul 22

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...

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.

Diana Olick @dianaolick.bsky.social · Jul 10

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...

CNBC Launches Property Play Vertical Focused on the Real Estate Investor

Diana Olick @dianaolick.bsky.social · Jun 25

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

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.

Diana Olick @dianaolick.bsky.social · Jun 25

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

Diana Olick @dianaolick.bsky.social · Jun 23

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

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.

Diana Olick @dianaolick.bsky.social · Jun 17

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

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.

Diana Olick @dianaolick.bsky.social · Jun 2

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

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.

Diana Olick @dianaolick.bsky.social · Jun 1

#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

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.

Diana Olick @dianaolick.bsky.social · May 31

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

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.

Diana Olick @dianaolick.bsky.social · May 22

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

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.

Diana Olick @dianaolick.bsky.social · May 21

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

Diana Olick @dianaolick.bsky.social · May 19

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

The U.S. Under Trump: Alone in Its Climate Denial

www.nytimes.com

Diana Olick @dianaolick.bsky.social · May 19

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

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.

Diana Olick @dianaolick.bsky.social · May 19

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

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.

Diana Olick @dianaolick.bsky.social · May 15

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

Here's exactly how unaffordable today's housing market is — 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.

Diana Olick @dianaolick.bsky.social · May 14

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

Inside The World’s Largest 3D Printed Neighborhood

YouTube video by CNBC

Diana Olick @dianaolick.bsky.social · May 9

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

Something 'striking' is happening with apartment renters

More renters are choosing to stay in their apartments when their leases are up.

Diana Olick @dianaolick.bsky.social · May 7

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

Mortgage demand rises 11% weekly

CNBC's Diana Olick reports on news regarding mortgages.

Diana Olick @dianaolick.bsky.social · May 7

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

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.