Since the Federal Reserve began raising its benchmark interest rate in March 2022, the U.S. commercial real estate market has seen declining sales. A wait-and-see approach permeates today’s market as investors digest potential future effects of higher borrowing costs.
Don’t Count on Commercial Real Estate Prices Bottoming Out Any Time Soon
Historically, Property Values Don’t Increase Until Two Years After Sales Activity Rebounds
By Chad Littell
CoStar Analytics
November 27, 2023 | 8:56 P.M.
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