National + Finance | June 4, 2021

Roundtable Survey Shows Stabilized Conditions, Yet Concerns Remain

Commercial real estate executives report Q2 market conditions have stabilized since the previous quarter, yet note the future is clouded by ongoing concerns, according to The Real Estate Roundtable’s Q2 Economic Sentiment Index.

This quarter’s Overall Sentiment registered a score of 77, while the Current Sentiment score of 78 was a 34-point increase over Q1. However, Future Conditions registered a flat score of 75, only one point more than the previous quarter.

Roundtable president and CEO Jeffrey DeBoer said, “Industry leaders are encouraged by the steady progress of vaccinations, rapidly declining infection rates and businesses reopening, but their ongoing concerns over increasing construction costs, inflationary pressures and labor supply have resulted in a more measured outlook.”

He added, “As the long-term economic repercussions of the pandemic remain unclear, Washington lawmakers should prioritize new policies that encourage continued economic growth over initiatives that could hinder the recovery.”

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Inside The Story

The Real Estate Roundtable’s DeBoer

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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