Three Failures Are Expected To Affect the Property Industry and Broader Economy, Professionals Say The collapse of Silicon Valley Bank will lead to further tightening of lending standards, real estate professionals say. (Getty Images) By Ryan Ori and Mark Heschmeyer CoStar News March 16, 2023 | 4:20 P.M. The collapse of three U.S. banks means that one of […]
Retail Sales Decline, Builder Confidence Improves, Mortgage Applications Edge Higher
February 2023 Results & Trends U.S. retail sales in February were down 0.4% from the prior month but increased 5.4% from a year earlier, the Commerce Department reported. (Getty Images) By Lou Hirsh CoStar News March 15, 2023 | 5:31 P.M. Retail Sales Decline February’s U.S. retail sales declined 0.4% from the prior month but showed […]
Single-Tenant Retail Space Availability Declines to New Low
Available Retail Space Is Getting Harder To Find in Both Small and Large Size Formats Last year, convenience store chain 7-Eleven opened its first Laredo Taco Co. drive-thru restaurant in its hometown of Irving, Texas, sharing space with one of its new 7-Eleven Evolution stores. (7-Eleven) By Brandon Svec CoStar Analytics March 15, 2023 | 2:11 […]