Many people plan to carry their home improvement projects passed the pandemic, and the trend will keep home improvement retailers in the essential retail category.
Since March, rents have fallen in 41 of the top 100 metros in the US with San Francisco, New York and Seattle among the markets with the steepest declines.
As previously reported, the office market has been rocked by the pandemic. GlobeSt.com takes a closer look with an infographic on the subject including what initiated this trend.
The average size of a single-family home has increased to nearly 3,300 square feet, while the average size of an apartment has decreased to 808 square feet.