September 27, 2022
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Real Estate: Dollar value of transactions dropped by nearly half in 2020

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Yardi, a real estate data analysis and information service based in Goleta, found that U.S. office transaction activity dropped by almost half in dollar volume from 2019 to 2020. About $56.1 billion in office properties traded last year, compared to $105.6 billion in 2019. In Los Angeles, which had a relatively small decline compared to…

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