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56% of respondents said they still planned to buy a home in the next five years, suggesting the long-term optimism of renters hasn't been completely crushed.
Anglophone companies dominate the top 10 in the real estate services company's biennial survey, while Singapore, Hong Kong and Japan jockey for the title of Asia's most transparent market.
"But with New York City having entered Phase 2 of reopening in late-June and pockets of New York State already in Phase 4, there are promising signs of a recovery in the second-half of the year," says Colliers' Franklin Wallach.
A new report from Moody's Analytics sees vacancies ticking up yet again for the first quarter of 2020—but not nearly as much as in the previous quarter.
The report found patients are trying to avoid hospitals during the COVID-19 pandemic, with some going so far as to say they wouldn't go to the ER for a medical emergency.