California Department Of Real Estate

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Despite slowing job development, CBRE mentioned it expects the financial system will avoid a recession and the economy’s gentle landing will carry occupier confidence. Families increased by 1.eight million, but just one.four million housing items had been built, Zillow mentioned. The housing scarcity grew to four.5 million properties in 2022, up from 4.three million the year before, according to Zillow.