There is no end in sight for the long-lived U.S. economic and real estate market expansion, according to leading real estate economists. The U.S. economy will continue to expand through 2022, job growth will slow but stay above the long-term average, and core real estate returns will decelerate but stay comfortably above fixed-income alternatives. Rent growth will be modest but positive for all property types, led by industrial and apartments. Even the much-maligned retail sector will have positive rental rate growth over the next three years.
Read more...Survey: U.S. Economy and Real Estate Market Not Ready to Retire via Urban Land Magazine