CNB Commercial Real Estate Quarterly Report - Q3 2023
Key Takeaways 1. Mortgage rates and 10-Year US Treasury continue to increase over 2023. This is the opposite of projections made at the beginning of 2023. 2. High mortgage rates have taken hold on the Austin market. There is more inventory but still few affordable options. 3. Office rents continue to decrease after record-high vacancies.
Read More
