Analysis

Over $1.7 billion was securitized over the last three quarters, the strongest performance since 2022.

CRE was relatively flat, though some places saw an increase in office space demand, but without falling amounts of supply.

Areas with higher permitting are showing the steepest declines in rents.

Despite net move-outs of 319 units, Anaheim’s occupancy remains among the strongest in the nation.

Manhattan and Washington, D.C., lead the country in planned and underway office conversions.

The housing market has recorded a 30-year low in sales during the past two years.

Renting remains more affordable than buying in nearly every market, as homeownership remains out of reach for many.

Demand is expected to outpace supply in the market.