Attending ICSC? Close out the conference with eXp Commercial! Join us for a free networking event with eXp Commercial President James Huang, Director of Growth Stephanie Gilezan, plus other top agents, brokers, and CRE influencers LIVE in Las Vegas on May 24!
Market Trends
Experts discuss the current state and future of Chicagoland Multifamily
Didn’t make it to the Commercial Real Estate Symposium last month? Economist KC Conway analyzed the top trends shaping the commercial real estate industry, including supply chain disruptions, manufacturing site selections for 2022, commercial property price index, and more. Click below to watch his full presentation.
Gross domestic product fell by an annualized rate of 1.4 percent in the opening quarter of 2022. The reduction was driven predominantly by a widening trade deficit, as import volumes climbed rapidly while exports declined.
According to recent research from Stan Johnson Company, the STNL market reported activity at around $21.7 billion. Over the last three months, the sector saw “negligible” movement in the overall cap rate, which moved down 3 bps to 5.84%.
Pending home sales reveal the impact of mortgage rate surge. Upward pressure on mortgage rates from lofty inflation and the Fed’s plan to hike interest rates multiple times this year influence home buying.