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Roundtable Survey Finds CRE Leaders Optimistic About the Future, Less So About the Present
Commercial real estate executives continue to view current conditions as significantly less favorable than previous quarters amid rising interest rates, increased inflation, supply chain disruptions and labor shortages. However, leaders’ expectations for the markets one year from today have improved, according to The Real Estate Roundtable’s Q3 2022 Economic Sentiment Index.
Roundtable president and CEO Jeffrey DeBoer said, “Our Q3 Sentiment Index reflects many of the challenges our economy and industry have faced since early 2022. While these challenges will continue to be bottlenecks in the near term, CRE leaders are optimistic about the future, as underlying real estate fundamentals, such as housing, remain in high demand.”
DeBoer added, “Industrial and multifamily continue to be a source of strength, but office and retail still struggle to regain momentum following the pandemic. These are uncertain times, but quality assets and owners will persevere as they continue to meet fundamental demand.”
- ◦Sale/Acquisition
- ◦Financing
- ◦Economy
