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Absorption for smaller retail center spaces jumped by 20% to 8.1 million square feet in Q3.
Adjusted CPI inflation rate for renters was 7.8% in October while for homeowners it was just 5.6%.
Average mortgage rates should be 7.4% next year, while home price growth will moderate to a single-digit yearly pace of 5.4%.
Leasing down 7% in November, as availability soars in Midtown South, Downtown.
San Francisco has 79% of sublet space on the market given back by the tech sector,
The index's 1% drop was the largest single month dip since 2017.
Uncertainty about valuations also plaguing recent transactions.
Zumper reports that Arizona, Tulsa, seeing greatest, recent rent drops.
These cities are under the radar for multifamily investors but offer potentially strong returns and less competition.
Retail rents in markets across the Americas now stand a whopping 15% above pre-pandemic levels -- and they're up as much as 90% in parts of Texas.