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Could 2022 Business Market Insights

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Cover of the May 2022 Commercial Market Insights report

Increased rates of interest and inflation are having a blended affect on the demand for business actual property. The tempo of absorption has slowed within the industrial and retail markets as shoppers reduce on spending amid excessive inflation. In the meantime increased mortgage charges and persevering with return of employees to the workplace have elevated the tempo of absorption of multifamily models and workplace area.

As rising mortgage charges make a house buy much less reasonably priced, occupancy of multifamily models up to now three months as of Could 2022 rose to about 75,600 models, a rise from 62,000 models in 2022 Q1.

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