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December 2, 2019 Comments (0) Views: 427 National News, Top National

CRE Leaders Report Solid Q4 Fundamentals Ease Economic, Geopolitical Concerns

Commercial real estate executives report solid fundamentals are countering concerns about economic uncertainty and geopolitics, maintaining an optimistic outlook for market conditions in 2020, according to The Real Estate Roundtable’s 2019 Q4 Economic Sentiment Index. The index dropped one point from the previous quarter to register a score of 49, which shows a positive view regarding the U.S. economy and real estate market conditions.

For Q4, the Current-Conditions Index of 53 remains the same as the previous quarter. The Q4 Future-Conditions Index of 45 decreased three points from Q3. The Overall Sentiment Index has registered between 49 and 77 every quarter since Q3 2009 – except for Q1 2019 (45 score) and Q4 2016 (48 score).

Real Estate Roundtable President and CEO Jeffrey DeBoer says, “Our Q4 Sentiment Index shows that macro real estate markets remain fundamentally sound and reasonably leveraged, with balanced supply and demand. The markets continue to benefit from business and consumer spending, encouraged by low unemployment, rising wages and low energy prices.”

Read more at Real Estate Roundtable’s Report

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