The rising cost of debt topped LaSalle Mid-Year Update's list of biggest impacts on commercial real estate for the second half of 2022.
"High-leverage buyers no longer dominate bidding and set prices," LaSalle wrote. "Home buyers may tilt to renting as home buying gets even less affordable."
The home-buying market has been in a bit of turmoil lately, with volatile mortgage rates and fluctuating home prices during the summer stirring the pot.
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