Several commercial real estate (CRE) fundamentals continued to soften in October. It was the second consecutive month where prices for multifamily, retail, and central business district (CBD) office sectors all declined on a month-over-month basis, though prices remain higher for all asset classes compared to October 2021.

During the pandemic, household formation soared and people sought more ideal remote working environments, which drove demand for housing, both owned and rented. In the apartment rental market, vacancy rates for all types of apartments declined in the second half of 2020 and through most of 2021, reflecting heightened demand.

During the Great Recession, the phrase “shadow inventory” referred to the number of foreclosed housing units that had not yet hit the market but could be listed soon. A similar concept can be applied to today’s office vacancy rates. In a number of major cities, office buildings remain half empty and, given the remaining prevalence of hybrid and ...

Surging mortgage rates have suppressed demand for home purchases by reducing affordability, which has prevented many renters from transitioning to homeownership. As a result, rental demand has remained strong and real estate investor interest in multifamily properties has remained high. Multifamily transaction volume broke records in 2021, and ...

According to data from First American Data & Analytics, investor purchases of residential homes as rental properties as a share of all residential home sales[1], have increased sharply in the last year, rising from 10.5 percent in May 2021 to nearly 18 percent in May 2022. Increasing investor participation in the residential housing market has ...

When inflation first began to surge in 2021, many believed it would be transitory. Inflation has remained stubbornly high, however, prompting the Federal Reserve to tighten monetary policy. In response, the yield on the 10-Year Treasury note has more than doubled, from 1.5 percent at the end of last year to nearly 3.5 percent in mid-June. The ...

In the initial stages of the pandemic, some sectors of the commercial real estate market suffered. As people shifted to working from home – avoiding travel, visiting retail stores, and dining in restaurants – prices for hotels, retail properties, office buildings and other property types where people traditionally gathered declined. However, as ...