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Is it better to be the tortoise or the hare? The Emerging Trends in Real Estate® 2018 report predicts slower but more sustainable growth for the U.S. real estate market, based on 2 percent annual gross domestic product (GDP) growth and 1 percent job growth. The report was released by PwC and ULI at the 2017 ULI Fall Meeting in Los Angeles.
“For the first time in five years, people feel comfortable with the cycle; about 80 percent of survey respondents expect good to excellent profitability,” noted PwC’s Andrew Warren, in summarizing the report during a panel discussion. “The key to the next few years is expanding horizons.”
To read more, download the report.
To read more, download the report.