Commercial
August 2024 Commercial Real Estate Market Insights
In July 2024, office vacancy rates remained at a record high of 13.8%, retail and industrial fundamentals softened, and demand for apartments surged. www.nar.realtor – Research
Second Century Ventures Announces 7 Companies for 2024 REACH Commercial Scale-Up Program
8 Companies Announced for 2024 REACH Commercial Program The companies address hybrid office management, lowering carbon emissions, using artificial intelligence and big data, and creating fintech solutions. Media Contact: Spencer High 202-383-1051 Commercial & Investment Real Estate, Real Estate Technology
May 2024 Commercial Real Estate Market Insights
In Q2 2024, the office vacancy rate reached new record highs, approaching nearly 14%, while fundamentals in retail and industrial sectors decelerated. www.nar.realtor – Research
NAR Chief Economist Says Commercial Real Estate Will Revitalize, Calls on Federal Reserve to Consider Cutting Interest Rates
There’s tremendous difficulty in the commercial real estate market, with higher interest rates hindering borrowing and making refinancing costly. www.nar.realtor – Research
Commercial Real Estate Trends and Outlook
These slides were presented by NAR Chief Economist Lawrence Yun at the Commercial Economic Issues & Trends Forum on May 9, 2023, as part of the 2023 REALTORS® Legislative Meetings. www.nar.realtor – Research
February 2023 Commercial Market Insights
Commercial real estate started the new year on a slow note with lower demand, smaller rent price gains, and higher vacancy rates. www.nar.realtor – Research
NAR Integrates CompStak into RPR® Platform as Benefit for Commercial Members
NAR Integrates CompStak into RPR® All NAR commercial members will have access to CompStak Exchange, an analyst-reviewed comp data and analytics platform. Media Contact: Spencer High 202-383-1051 Commercial & Investment Real Estate, Technology
May 2022 Commercial Market Insights
The pace of absorption has slowed in the industrial and retail markets as consumers cut back on spending amid high inflation. www.nar.realtor – Research
Commercial Weekly: Modest Rent Differences and Rising Construction Cost are Headwinds for Office-to-Residential Conversions in Major Metro Areas
The conversion of vacant office space for residential use faces hurdles from rising rental and construction costs. www.nar.realtor – Research
Commercial Weekly: Apartment Demand is Normalizing but Rents Likely to Keep Rising in 2022
Apartment demand is still outpacing supply across all classes of apartments and with demand likely to rise, rental prices are also likely to rise. www.nar.realtor – Research