Is Commercial Real Estate Really In A Recession? Kind Of, Economists Say

February 21, 2023

Article by:  Ciara Long

When it comes to economic growth or deceleration, commercial real estate has historically been a lagging indicator, taking longer to slow than other parts of the economy, economists told Bisnow. But this time, CRE values are dropping before the job market has cooled and consumer spending has dropped.

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