Companies that provide commercial real estate ("CRE") services say demand for their services are improving and they expect the trend to continue, according to a survey conducted by equity research firm William Blair.
Almost 90% of respondents said demand improved from the prior quarter, up from 56% in Q4 and 52% in Q3. Some 47% of respondents said demand improved significantly (up 5% or more) vs. 29% in Q4 and 30% in Q3.
Some 5% said demand was unchanged, while the remaining 5% said demand had declined during Q1 2021.
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