Reported about 8 hours ago
The commercial real estate market is experiencing a normalization phase, according to Kevin Fagan from Moody's. While rents and vacancies have seen declines, prices remain stable. The migration to the Sun Belt has cooled, and the return of demand for office space is still below pre-pandemic levels. As the Federal Reserve begins rate easing, transaction volumes are on the rise, but companies are still figuring out their real estate needs in a hybrid work environment.
Source: YAHOO