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California retains its top berth as having the largest number of most expensive markets with San Francisco at No. 1.
A number of tenants tied to the housing market closed distribution centers this year.
The Midwest has highest percentage of homeowners, while the South has highest rental vacancy rates.
The top scorer in the country was Minneapolis-St. Paul-Bloomington.
Deloitte forecasts a 10% decline after seeing a 23.7% spike over the past two years.
Shoppers' "dwell time" is increasing, even before back-to-school shopping kicks in.
Meanwhile, 37% of 137 markets studied experience softening.
Hidden homeownership costs can easily hit $22,000 a year in certain metro areas.
Top on the list include Los Angeles, Dallas, Houston and New York.
The growth of smart buildings and smart cities increases prospects for this product category.