Brokerage & Services Market Pulse: State of the Market Survey
CREtech
Pandemic Disrupts Boom in Commercial Real Estate According to a recent study by CREtech, ±80% of commercial real estate brokers and service providers saw business dramatically decline in the wake of COVID-19 The commercial real estate market was riding a wave of accelerated growth in the past several years. Record-setting deals in office leasing, investment sales, management and others, had the industry on track to set new records. However, in the wake of the global pandemic and tightening…