Insight

Q2 2024 | Market Report

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Q2 2024 INSIGHTS ON INDUSTRY PRICING, LEAD TIMES + MARKET STATUS

Click through our latest report below, which explores the landscape of the Mid-Atlantic market and highlights the pricing trends, supply chain issues, and significant industry shifts rounding out the second quarter of 2024. 

Key takeaways looking back on Q2:

  • The office vacancy rate in DC reached 22.4% in the second quarter, marking yet another record high.
  • The average procurement time for switchboards/meter centers is approximately 60 weeks.
  • Commercial construction pricing is down by -.5%

Swipe to see the full report!