Key findings of this report:
You’ll get a deep dive into commercial real estate trends through 2022 including these insights:
- Biggest percentage change in appraisal project volumes from 2021 to 2022 occurred in the Southeast, Northeast and Southwest U.S. regions.
- RFPs for appraisal projects declined after a strong Q1 2022 in response to higher rates. Awards in 4Q-22 reflected the lowest quarterly volume of the year.
- In 2023, demand for industrial and multi-family is expected to dominate investment and lending activity, but likely at lower levels than seen in 2021 and 2022.