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Inflation has taken a toll on consumers, but the overall cost of building materials continues to not just grow, but to do so at astonishing rates.
According to the National Association of Home Builders and its analysis of government data in the form of the producer price index, or PPI, the price of building materials was up another 0.4%, not seasonally adjusted.
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Springboard also reported downtown traffic in August during dinner hours noticeably improved.
'People are coming back," CBRE's Spencer Levy tells CNBC amid reports that leasing activity is on an upswing
The latest tally has 42 facilities closed, 21 more where openings have been delayed.
The Business Case for an Intelligent Digital Backbone in Multi-tenanted Commercial Buildings
The commercial real estate industry is navigating changing dynamics with the rise of hybrid working environments and greater demand for digitally-enabled buildings and spaces. But delivering on this demand brings increasing amounts of complexity. Download this eBook for key considerations when evaluating a digital infrastructure.
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Download this white paper to understand if and how COVID impacted domestic migration patterns on a state, city and zip code level; including how these patterns are affecting CRE stakeholders.
2022 Multifamily State of the Industry Report
There are three major trends converging to shape new renter dynamics: The Great Resignation, The Occupancy Fallacy, and The Renter Research Revolution. Download this report to explore these trends and learn how to thrive in this new era.
Copyright © 2022 ALM Global, LLC. All Rights Reserved.