Market Report provided by Nest Seekers

October 2021 | OCTOBER REPORT: NEW DEVELOPMENT AND Q3 RECAP | Erin Sykes, Chief Economist, Nest Seekers International Developers continue to forge ahead in an attempt to meet demand and make up the over 2 million housing unit shortage in the United States. We are seeing a flight to quality and future-proofed investment opportunities in buildings that will stand the test of time by offering a product that will be attractive to increasingly selective occupiers. The success of New Development projects depends not only on technical site analysis, market research, design, and optimal construction management, but also on sales, marketing and by utilizing technology to present renderings, data, and value trajectory that make buyers confident in spending an average of 20%+ premium over resale.