Graph and download economic data for Housing Inventory: Pending Listing Count Year-Over-Year in Ocean City, NJ (CBSA) (PENLISCOUYY36140) from Jul 2017 to Dec 2024 about Ocean City, pending, NJ, listing, and USA.

Graph and download economic data for Housing Inventory: Median Days on Market in Cape May County, NJ (MEDDAYONMAR34009) from Jul 2016 to Jul 2025 about Cape May County, NJ; Ocean City; NJ; median; and USA.

Graph and download economic data for Market Hotness: Nielsen Household Rank in Cape May County, NJ (NIHHRACOUNTY34009) from Aug 2017 to Jul 2024 about Cape May County, NJ; Ocean City; nielsen; rank; NJ; households; and USA.

Revenue for the Commercial Real Estate industry in China is expected to decrease at an annualized 6.5% over the five years through 2025, with strict control on real estate sector and the effects of the COVID-19 epidemic since 2020.Since August 2020, the Government has proposed three debt indicators for real estate development and management companies through which the company's financial health can be rated. This new policy has exacerbated the company's debt pressure, making it unable to repay old debts by borrowing new debt. Some real estate companies faced a liquidity crisis.In 2022, the city's lockdown and laying-off caused by COVID-19 epidemic led to the pressure of delaying the delivery of commercial real estate. The industry's newly constructed and completed areas decreased significantly throughout the year. In addition, the epidemic has impacted sales in the real estate development and management industry, and some sales offices have been forced to close temporarily. In 2022, the newly constructed area of office buildings decreased by 39.1%, the newly constructed area of commercial-used buildings decreased by 42.0%, and the completed area dropped by 22.8% and 22.0% respectively.Industry revenue is forecast to recover at an annualized 1.4% over the five years through 2030. The industry's growth is anticipated to stabilize over the period, as the government continues to strengthen controls on real estate. The industry is projected to further expand into second- and third-tier cities, like Chengdu, Shenyang, and Xi'an, as firms seek to gain market share in regional centers over the next five years. Several city complex projects are planned to be built in these cities over the five years through 2030.