Reports

This report looks at the reasons for remodeling and the increased happiness found in the home once a project is completed.

The commercial real estate market continued to see rising occupancy, rents, and investor acquisitions in February 2022, with the impact of the Russia-Ukraine war and upswing in interest rates still likely to manifest in the coming months in some commercial segments.

February Sentrilock home showings were down 12% year-over-year, with declines in all regions except the South.

This study looks at the distribution of housing wealth between 2010 and 2020 across income groups and in 917 metropolitan or micropolitan areas.

Median home values were calculated for 3,119 counties and county-equivalents in the U.S. Home values represent the value of all homes, not home sales.

All core commercial sectors — multifamily, office, industrial, and retail — experienced net positive absorption December 2021 through February 2022.

This report discusses foreign investment transactions of less than $2.5 million (“small commercial market”) based on a survey of NAR commercial members whose transactions are typically below $.5 million. The report also discusses acquisitions of properties or portfolios of at least $2.5 million (‘large commercial market”).

Since 2019, home prices rose nearly 30%. As a result, a typical home is about $80,000 more expensive than pre-pandemic. Meanwhile, inventory of homes for sale dropped significantly in the last couple of years, reaching record lows in 2021.

The recovery in the commercial real estate market that started in the second half of 2021 is continuing into the first month of 2022.

Despite the office sector continuing to shed office space in the face of strong job recovery, 2021 can still be considered a year of growth and potential thanks to demand for multifamily rentals, industrial space, off-premise sites for brick-and-mortars, and investment acquisitions.