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Roundtable Survey Reflects Strong Fundamentals, Economic Growth
Commercial real estate executives see strong market fundamentals and steady economic growth as the economy continues to recover from the global pandemic, according to The Real Estate Roundtable’s Q1 2022 Economic Sentiment Index. Overall, the index registered a seven-point increase year-over-year to 66, while the index assessing current market conditions is up 27 points from a year ago.
Roundtable president and CEO Jeffrey DeBoer said, “We are encouraged by the decreasing number of cases of COVID-19, pandemic-related restrictions being lifted throughout the country, cities continuing to reopen safely and efficiently, and increased travel and consumer spending.”
He added, “Throughout the pandemic, the real estate industry has assisted suddenly jobless residents and troubled business tenants restructure leases to remain in their properties. Industry leaders now look forward to reimagining people’s living, shopping, work, and other spaces in the built environment to accommodate the evolving needs of the post-COVID economy.”
- ◦Economy
