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Food service and drinking place sales increased 6.9% in January 2021 from December 2020 as some state and local authorities eased COVID-related restrictions.
On March 10, 2021, NAR held its virtual Real Estate Forecast Summit: Commercial Update event, which provided an outlook on the changing commercial real estate market.
On the aggregate, the commercial real estate market has been hit hard by measures to control the COVID-19 pandemic. However, on closer look, some sectors and geographic markets have fared better than others.
These slides were presented by NAR Research Economist Brandon Hardin at NAR's Commercial Real Estate Forecast Summit on March 10, 2021.