Forecasters See Slowing Real Estate Growth

Anita Kramer

In the latest episode of the NAREIT Podcast, Anita Kramer, senior vice president for the Urban Land Institute’s (ULI) Capital Markets Center, analyzed the latest results of ULI’s semi-annual real estate market forecast.

ULI’s forecast comes from the responses of a pool of nearly 50 real estate economists and analysts. The three-year forecast covers broad economic indicators and those specific to real estate markets. ULI hosted a webinar on April 6 in conjunction with the release of the latest forecast to discuss the results.

The survey showed that despite an impending slowdown in the commercial real estate market, investors have no reason to panic, according to Kramer.

“We’ve had a number of years of very strong growth during the recovery,” she said. “This would be the natural outcome of transitioning from recovery into maturity. The numbers all indicate further growth, but at a more subdued level.”

Looking ahead, “subdued” rental growth is expected in all sectors, according to Kramer.

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