Amid a backdrop of moderate-but-positive economic growth, demand for commercial space is rising and availability is declining across all property types, reports the National Association of Realtors. A main driver of the rebound comes from low levels of new construction in recent years, preventing a run-up in supply as well as rising office using employment, increased international trade, and a housing market that has turned many owners into renters. For the full report, CLICK HERE.NAR: Commercial Real Estate Rebound Continues
Amid a backdrop of moderate-but-positive economic growth, demand for commercial space is rising and availability is declining across all property types, reports the National Association of Realtors. A main driver of the rebound comes from low levels of new construction in recent years, preventing a run-up in supply as well as rising office using employment, increased international trade, and a housing market that has turned many owners into renters. For the full report, CLICK HERE.
