Q4 2022 Real Estate Market Report

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2022 closed on a sour note for the commercial real estate industry, with some mildly encouraging macroeconomic news being more than offset by a lackluster transaction environment and a negative short-term outlook that was fueled by a challenging capital markets environment. The country as a whole is in a somewhat unique position. People are dealing with the pressures of significant inflation which most individuals born after 1980 have not really experienced in their adult life.

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