In 2020, the global economy was brought to a standstill because of the coronavirus (COVID-19) pandemic. Foreign investment into commercial real estate in the United States was also affected, with 44 percent of National Association of Realtors (NAR) members reporting that travel bans having impacted their international business. Additionally, approximately 22 percent of respondents claimed that the pandemic impacted the availability of credit and lenders. The impacts of the pandemic continued to obstruct cross-border investments throughout 2021: Approximately 25 percent of respondents complained about travel bans and 14 percent - about social distancing affecting their work.
Share of commercial real estate professionals who reported the coronavirus (COVID-19) pandemic impacted international business in the United States in 2020 and 2021
Characteristic
2020
2021
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National Association of Realtors. (February 10, 2022). Share of commercial real estate professionals who reported the coronavirus (COVID-19) pandemic impacted international business in the United States in 2020 and 2021 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1230963/impact-of-the-coronavirus-covid-10-on-international-real-estate-transactions-usa/
National Association of Realtors. "Share of commercial real estate professionals who reported the coronavirus (COVID-19) pandemic impacted international business in the United States in 2020 and 2021." Chart. February 10, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1230963/impact-of-the-coronavirus-covid-10-on-international-real-estate-transactions-usa/
National Association of Realtors. (2022). Share of commercial real estate professionals who reported the coronavirus (COVID-19) pandemic impacted international business in the United States in 2020 and 2021. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1230963/impact-of-the-coronavirus-covid-10-on-international-real-estate-transactions-usa/
National Association of Realtors. "Share of Commercial Real Estate Professionals Who Reported The Coronavirus (Covid-19) Pandemic Impacted International Business in The United States in 2020 and 2021." Statista, Statista Inc., 10 Feb 2022, https://www.statista.com/statistics/1230963/impact-of-the-coronavirus-covid-10-on-international-real-estate-transactions-usa/
National Association of Realtors, Share of commercial real estate professionals who reported the coronavirus (COVID-19) pandemic impacted international business in the United States in 2020 and 2021 Statista, https://www.statista.com/statistics/1230963/impact-of-the-coronavirus-covid-10-on-international-real-estate-transactions-usa/ (last visited August 25, 2024)
Share of commercial real estate professionals who reported the coronavirus (COVID-19) pandemic impacted international business in the United States in 2020 and 2021 [Graph], National Association of Realtors, February 10, 2022. [Online]. Available: https://www.statista.com/statistics/1230963/impact-of-the-coronavirus-covid-10-on-international-real-estate-transactions-usa/