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In 2Q 2024, the median rent for newly constructed apartments plunged 6.2% to $1,746
A backlog of capital that has been on the sidelines is likely to begin to loosen.
The decline in consumer spending has pushed owners to reduce asking rents and offer concessions.
However, rising unemployment could weaken demand.
With remote work growing, tech startups are shying away from office.
Nobody drinks it, but there are many uses and this is a way to lower a utility bill.
Stay of state lawsuit ruling was issued on day Newsom signed law imposing civil penalties.
The top 10 markets gained 604,800 jobs during the year ended in August, a 2.3% decrease from last month's employment growth.
Wall Street worries whether CRE will get great payoffs from deal exits.
Affordability is now the worst on record since the early 1980s.