NOT FOR REPRINT
Page Printed from: globest.com/author/profile/Lynn-Pollack?page=63
Sign In To follow
"Our vacancy index ticked up for a second straight month and month-over-month rent growth came in at less than one-third of its July peak."
Transaction volume has reached the highest trailing four-quarter level on record at $4.5 billion.
Tech leasing activity has increased 122% over Q1.
"They desire more space for raising a family in a room for a home office, and they want better access to good schools, jobs, and amenities."
Drug store pricing is strongest within the STNL retail sector and is outperforming the broader retail market.
"The real estate sector is in a strong position to build its way out of the pandemic and take the economy with it."
"Although demand remains strong, higher prices have cooled prospective buyers' intent to purchase a home."
Jobs featuring the key word 'hybrid work' saw listings increase by 464% in Q3 over Q2.
The shift of millennials into suburban areas will kick off a "single family home market revival" that was completely absent in the last cycle.
76% of builders rated the overall supply of developed lots in their regions as low to very low.