Shifting US populations have played a big role in commercial real estate over the last few years. Millions up and left old haunts and moved to follow businesses and, with them, jobs to the south and west.
All the shifting has had profound effects on the national and local economies and demographic makeup in the country. It has also had striking effects on CRE and multiple property types.
Things seem to be changing once again, according to a post by Nadia Evangelou, senior economist and director of real estate research at the National Association of Realtors. While 2021 saw a low rate of moving, 2022 looks to be even slower.
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