March 9, 2017
Two surveys measuring two different real estate groups produced different outlooks for the sector on a national basis. According to Capital One Securities Inc.’s National Broker Sentiment Survey, sentiment among the institutional real estate community remained positive in February 2017, but slightly below that of January. In the meantime, CBRE’s Americas Investor Intentions Survey 2017 revealed that investors are planning to be net buyers, and will maintain or increase their purchasing activities in 2017.
However, “while investors expect to largely maintain last year’s investment activity levels, they also intend to retreat on the risk curve, becoming more conservative in strategy and risk appetite. This is counterbalanced by the search for yield,” said CBRE’s Brian McAuliffe.
Capital One’s weekly survey indicated that current sentiment among brokers fell slightly, primarily among those dealing with multifamily and retail. Also falling was change in expectation of future conditions, though this varied by region.
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