
Counselors of Real Estate: Inflation and Interest Rates Top the List of Concerns
The effect of inflation and interest rates is the leading concern of The Counselors of Real Estate in its 2022-2023 report on the Top Ten Issues Affecting Real Estate. Geopolitical uncertainty and the impact of hybrid work round out the top three issues.
“It goes without saying this past year has been both vibrant and turbulent for the real estate industry,” said Marilee Utter, global chair of The Counselors of Real Estate. “But now we’re seeing the longer-term effects of the pandemic on real estate, and inflation levels and interest rates at a 40-year high are front and center as a driving force behind market volatility.”
Rounding out this year’s top 10 are the following: supply chain disruption, energy, labor shortage strain, the great housing imbalance, regulatory uncertainty, cybersecurity interruptions and ESG requirements forcing change. Click here for the complete report.
- ◦Economy