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Moody's  on October 5, 2023


Balanced News


Moody's: "Apartment Market Softens, Office Evolution Continues, and Retail On Shaky Ground"

Today, in the Calculated Risk Real Estate Newsletter: Moody's: "Apartment Market Softens, Office Evolution Continues, and Retail On Shaky Ground" A brief excerpt: From Moody’s: The national office vacancy rate climbed to 19.2% in Q3 2023, rising from Q2’s 18.9% and rapidly approaching the historic peak of 19.3% set in 1991. The office landscape has struggled in 2023, though market performance is more mixed with property-specific nuances. With rising vacancies, the national office market experienced another quarter of relatively stagnant rent growth.

calculatedriskblog.com     Oct 05, 2023