CBRE Data Indicates Recovery in Commercial Real Estate After Two-Year Decline

Reported about 21 hours ago

CBRE Group has reported its first increase in real estate transaction volume in over two years during the third quarter of 2024, signaling a recovery in the commercial real estate sector after a sharp decline in 2022 and 2023. The market revaluation prompted by higher interest rates has helped align buyer and seller expectations on pricing, leading to optimism for continued improvement in early 2025.

Source: YAHOO

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