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Manhattan office leasing velocity totaled 8.7 million square feet.
Prices will stay high and could go higher, while inventory remains scarce.
Despite this increase, the 1.8% annual rate of growth was lower than in previous decades
Through the first half of 2023, leases of 100,000 square feet or greater accounted for 15.4% of all leasing activity by square footage.
Filling the housing shortage is the long-term answer to making housing more affordable.
Almost half of those who rent plan to move by this fall and their top amenity desire is an in-unit washer and dryer.
The typical profit margin stayed within a range that could easily be wiped out by carrying costs.
Research shows senior housing communities promote wellness and healthy aging.
North Port's housing market is experiencing the fastest decline.
Austin, Raleigh and Nashville all recorded increases in May.