Both cities ended 2022 with a rising supply of space and leasing demand still far below historical averages, according to reports this week from brokerage CBRE Group Inc. In San Francisco, the office-vacancy rate soared to a record 27.6%, compared...
“There is no denying that climate change is driving losses from natural catastrophes,” Ernst Rauch, chief climate scientist at Munich Re, said in an interview. “Insured losses of more than $100 billion a year are the new normal.”
RentCafe looks at U.S. markets that have benefited the most from new apartment construction over the past decade.
After hitting double-digits in the first part of 2022, the pace of annual rent growth slowed to 6 percent in December.
Higher interest rates and a potential recession may already be priced into REIT stocks and strong balance sheets have them positioned to weather any coming storms.