While the U.S. economy remains resilient, the commercial real estate market’s performance during the first month of 2024 shows a nuanced landscape with sector–specific challenges and opportunities. The normalization of hybrid working arrangements continues to negatively impact office demand, increasing the market`s unoccupied office spaces. However, the fundamentals of the multifamily, retail, and industrial sectors remain robust, indicating a varied performance across the CRE market.Below is a summary of the performance across various commercial real estate sectors at the outset of 2024.
Multifamily Properties
Mortgage rates remaining near 7%...
Commercial Real Estate Market Insights
National Association of REALTORS®
Research Group
Research Group
RSK: The oocie sector still struggling...all others holding the own.
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- - Volume: 24 - WEEK: 0 Date: 4/24/2024 11:13:30 AM -