October 14, 2024
Loading...
You are here:  Home  >  Regions  >  Central Coast  >  Current Article

CRE: Higher interest rates impair sales transactions, Hayes report finds

IN THIS ARTICLE

By Staff Report Hayes Commercial Group released its fourth quarter 2023 market report and cited higher interest rates as a key reason for a 43% decrease in sales transactions. The commercial real estate firm found that there were 71 sales during 2023, the lowest count since 2011 and that the South Coast was especially hit,…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.