February 26, 2019
A sense of confidence in the resilience of commercial real estate markets belied a decline in the Real Estate Roundtable’s Sentiment Index for the first quarter. That being said, the Roundtable’s latest survey also pointed to the unpredictability of the future longevity of the economic expansion.
“The unsettling year-end capital market turbulence caused a degree of early 2019 industry concern,” said Roundtable CEO and president Jeffrey D. DeBoer. “However, as the first quarter moved forward, the equity markets strengthened and positive job creation continued to fuel steady economic growth. These conditions bolstered the already well-balanced commercial real estate markets in Q1.”
Looking ahead, DeBoer said, “our CRE executive survey reveals the timing of a natural economic cycle slowdown is concerning, but that is moderated by fundamentally sound commercial real estate markets.”
The Q1 index overall registered at 45, a five-point decline from the prior quarter.
Jeffrey D. DeBoer will be among the industry leaders taking the stage at Connect Los Angeles on March 21. Click here for more information and to register.
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