This time last year, the CRE industry was mired in a summer funk, buzzing over the potential negative effects of the European debt crisis, the U.S. debt crisis and slower-than-expected economic growth following a series of strong year-end indicators fueled property demand growth that picked up speed through the beginning of the year.
The latest crop of national investors surveys and leading indicators released over the last few days shows that same confused sentiment has returned, less than three months ahead of another historic U.S. presidential election. Sifting through current and leading indicators and sentiment survey finds a similarly murky picture of conditions in U.S. commercial real estate property markets and capital conditions.
First, The Good News
Read more...Deja Vu All Over Again? CRE Whipsaws Up and Down In Face of Economic Uncertainty - CoStar Group
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