Commercial Housing

A former Sunbelt darling, Austin is watching its tech momentum stall as coastal hubs reclaim their gravitational pull.

Deal activity fell 3.9% in March 2025, the slowest in nearly a year, with all sectors but industrial and hotel seeing declines.

Fannie and Freddie shares are soaring, but so are concerns about the future of affordable mortgages.

A surge in multifamily starts is encouraging, but softening permits and project delays suggest headwinds remain.

With grocery sales up nearly 16% YoY and vacancy at a low 3.5%, grocers like Sprouts, Trader Joe’s, and Erewhon are still expanding.