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"The deceleration in nonresidential construction activity may have started."
Showroomers research the item by going to a physical store to examine it, then buying it elsewhere at a cheaper price.
The average asking price for multifamily properties dropped a significant 24.9%.
Home values went up faster than taxes, shooting up 7.9% on average.
The vacancy rate rose for a second consecutive quarter to 3.6%.
It was the highest number since 2010.
Many cities' homes are overpriced by 40% while rent premiums are as high as 15%.
Meanwhile the national vacancy rate has decreased 10 basis points.
Elevated interest rates and overall costs are expected to curb most development.
The U.S. market continues to be a preferred global destination for investment.