High Interest Rates and a Recession Will Make 2023 Challenging for CRE
According to CBRE’s 2023 United States Real Estate Outlook, high interest rates and a recession will make 2023 a challenging year for commercial real estate. Though inflation eased in late 2022, it was still running at more than 7%. The Fed will continue raising rates until it sees a marked reduction in inflation nearer to […]
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