Inflation, Interest Rates, Pricing Discovery and the Unknown
Buyers and sellers seem to be at a stalemate when it comes to commercial real estate transactions as of late while the market appears to be undergoing a period of ‘pricing discovery.’ After an onslaught of contributing events, including COVID-19, followed by trillions in fiscal stimulus, and later, Russia’s invasion of Ukraine and supply chain disruptions, the Federal Reserve has taken aggressive measures against rising inflation. November’s rate hike marked the fourth such action taken this year after a long-running stint of ultra-low interest rates. The rise in interest rates…
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