Fowler Property Advisors on LinkedIn: Moody's CRE | Q3 2024 Preliminary Trend Announcement (2024)

Fowler Property Advisors

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Positive macroeconomic developments are a good sign for the commercial real estate industry looking ahead. Moody'sQ3 2024 data trends suggest relative stability across most sectors, reflecting the current macroeconomic environment. While this is a national report and may not reflect exact conditions in the Charlotte market, there were a few notable items in the report for us.The office sector held steady in Q3 2024 with a vacancy rate stable of 20.1% after three consecutive record-breaking quarters.The industrial sector showed signs of stability this quarter, with vacancy rates preliminarily dropping for the first time since mid-2022.The recent reduction in interest rates may lead to an uptick in volume for industrial projects that were previously shelved or halted during construction.Read Moody's full report here:https://lnkd.in/eJH7vpr3#CRE #CommercialRealEstate #CREInsights

Moody's CRE | Q3 2024 Preliminary Trend Announcement https://cre.moodysanalytics.com

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