Meanwhile, there has been a marked decline in buyer interest, citing the stock market as a major influence. On the buyer end of the spectrum, the agents reported a significant decline in buyer interest that occurred in the time between the two surveys. At the time of the initial survey only 17% of agents felt that the virus had negatively impacted buyer attitudes. Perhaps surprisingly, the market’s low interest rates are also doing little to help spur on commercial buyers. However, unsurprisingly, 83% of commercial buildings have now adopted a change in practices due to coronavirus, up from 63% at the time of the initial survey.

Source: Forbes March 23, 2020 13:18 UTC