Not only did the segment report a second straight quarter of decline in net absorption during Q2 2021, but Grade A office vacancy levels also fell for the sixth straight quarter, breaching the 13-14 percent comfort zone for the first time since 2017. Read more>> Tune in again soon for mo...
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…”Housing market data for New York and San Francisco show that shocks do have observable short-run effects, driving up vacancy rates and holding down prices. But vacancies and prices tend to quickly revert to pre-shock trends and levels.” ...More"...