The commercial real estate market is slowly getting back on track although the rise of Delta variant cases is casting a shadow on the path of the recovery. The multifamily, industrial, and retail property markets will continue to recover more quickly than the office property market where vacancy rates will likely remain elevated in 2021-2022 compared to the pre-pandemic level.
View the Albuquerque report here.
View the Farmington report here.
View the Las Cruces Report here.
View the Santa Fe Report here.
Source: “NAR Commercial Real Estate Metro Market Report 2021.Q2“
