recent reportThe research firm highlighted cities it dubbed"major markets": San Francisco, Chicago, New York City, Los Angeles, Boston, and Washington, DC.
Chicago and New York will see declines of 30%-35%, while LA and Washington will see 25%-30% drops. Boston is expected to see values slipping around 25%. That's largely fueled by the dwindling demand for office buildings as the work-from-home trends persist and the labor market weakens.
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