On the brighter side, the report said affordable inventory is on the rise in other parts of the country, especially the South

The U.S. recorded sales volume of $9.97 billion for industrial property, with an average sales price of $147 per SF

Leasing demand was driven by a desire to boost supply chain resilience

But the West emerged from 13 straight months of falling rents to achieve an annual increase of 0.4%.

The drop gives some insight into when the excess supply might start to taper.

The group most likely to be singled out appears to be LGBTQ+, of whom four out of five said they had suffered some form of housing discrimination.

Both coworking spaces and flexspace are becoming more suburban.

The slippage in home prices and profit margins raises the question of where the housing market is heading.