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Analysis

Work From Home Is Stabilizing, That’s the Good News

The bad news: it is higher than the office CRE sector would like.

By Erik Sherman | August 03, 2022 at 08:36 AM

Those who watch the office commercial real estate market closely have likely wondered when corporations would get serious and get workers back in the office where they belong. Unfortunately, the days of “normal” office usage may be thoroughly in the past.

According to new survey data from the firm WFH Research, things may be stabilizing where they are now. After monthly online survey data since May 2020, the percentage of paid full days worked from home is remaining at just over 30%. Although the research data doesn’t go back earlier, an estimate from government survey data before the pandemic placed the trend then at about 10%.

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