The Urban Land Institute and PwC have just released the real estate industry`s widely anticipated industry forecast, Emerging Trends in Real Estate 2020. The report indicates that while real estate economists are tempering their views on economic growth in the United States, they continue to forecast steady real estate markets and returns through 2021.
The outlook remains generally upbeat amid an escalation of the U.S.-China trade war, volatility in global financial markets and the inverted yield curve for U.S. Treasury bonds, which is among the most consistent recession indicators.
In spite of these headwinds, the forecast cites adaptability to change along with discipline as key factors in the industry’s ability to withstand an economic downturn and the possibility of softer real estate demand in the years ahead...
...moreRSK: I like the Golden Girls reference....so true.
Ken Notes: I would like to discuss this on my radio show Development Matters. Call me if you would like to be a guest. 608.334.2174
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- - Volume: 7 - WEEK: 41 Date: 12/3/2021 3:29:04 PM -