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Many choose to stay in place, but some are following the flight to quality trend.
North America eked out a 5% gain but that was due to two large transactions.
Remote work is down from the pandemic peak, but still upwards of a quarter of the U.S. workforce.
In some markets though premiums are still high.
Is it fewer dining rooms, home offices and greater building costs that influence the size drop?
The top 15 commitments to real estate funds by private investment totaled $3.73 billion.
But single-family permits and starts are both inching back up.
Most markets' bottom is likely in the past.
It also offers greater flexibility as more businesses seek adjustable space solutions.
Marcus & Millichap report the latest dramatic spikes as providers pull out of key markets.