Moody's: "Apartment Market Softens, Office Evolution Continues, and Retail On Shaky Ground"

Office Vacancy Rate Nears Record High

Note: I mostly focus on residential real estate, but I’ve included a graph of the office vacancy rate since this is an area under pressure due to increases in work-from-home.

The big story here is that demand for apartments has softened recently, rents are soft, and there are a large number of apartments currently under construction that are expected to …