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Report: ‘Staggering’ Construction Costs Continue to Impact CRE Industry

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Newmark, Cushman & Wakefield, National Association of Home Builders, National Bureau of Labor Statistics
Courtesy of Dillon Shook on Unsplash
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By Catherine Sweeney The COVID-19 pandemic has had a major impact on the commercial real estate market, and while economies continue to reopen, one lingering ramification is the cost of construction. According to a recent report from Newmark, many sectors are continuing to struggle with the high cost of construction as a result of lacking […]

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