Investor confidence notched steady gains in the first half of 2013. The latest results from an exclusive investor survey conducted jointly by National Real Estate Investor and Marcus & Millichap shows a continued positive outlook for property performance and a strong appetite to increase investment over the next 12 months.
The NREI/Marcus & Millichap Investor Sentiment Index reached a new record high climbing from a mark of 174 in the first quarter of 2013 to 180 in the second quarter—the highest level since the index launched in 2004. The current reading also is nearly double the mark of 91 that was achieved at the low point of the Great Recession in 2009.
Read more...NREI/Marcus & Millichap Investor Sentiment Keeps Rising in 2013 | National Real Estate Investor