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That said, only 17% of law firms plan to expand their real estate portfolio significantly.
The mean distance to work rose from 10 miles in 2019 to 27 miles at the end of 2023.
One factor helping the city was that apartment demand and supply were more or less in balance in 2023
To make a difficult situation even more difficult, it now takes longer to save up for a downpayment.
Rents increased the most in midsize cities in the Northeast and South
In addition to its cost-effectiveness, today's Midwest has almost completely shaken off the old 'Rust Belt' label.
Vacancies rose in every region of the country and in almost every market, partly driven by 607 million SF of new development
In 2022, the gap between White and Black families with sufficient income to afford a mortgage fell to 4.7 percentage points
The NAHB's overall Multifamily Production Index for the quarter came in at 41.
In 2022, almost 140 million people commuted to work, while 20 million worked from home.