The beginning of 2023 did not turn out as expected in the commercial real estate sector, despite a positive economic environment with inflation remaining stable. Although it was anticipated that activity would improve by mid-year, the recovery did not materialize due to sustained high interest rates and a cautious approach in real estate capital markets. Looking forward, we remain hopeful that activity will stabilize and a recovery will begin in the latter part of 2024. Read more:

Commercial real estate investment activity should pick up in the second half of 2024 as the Fed begins to reduce interest rates, according to CBRE’s U.S. Real Estate Market Outlook report. Read about sector-specific forecasts: https://cbre.co/3TX9heV

The beginning of 2023 in the commercial real estate sector has not turned out as many had anticipated. Despite a positive economic outlook, inflation has been following a steady path. Initial projections suggested that activity would reach its lowest point around mid-year, but unfortunately, a significant recovery has yet to occur. The real estate capital markets have been in a state of uncertainty due to the sustained high interest rates caused by economic resilience. Looking forward, we remain hopeful that activity will soon hit its low point and a promising recovery will begin in the second half of 2024. More information:

The beginning of 2023 in the commercial real estate industry has not gone as expected, despite a positive economic outlook. Inflation has been following a steady path, but activity in the market did not pick up as anticipated. Although there were hopes for a turnaround by mid-year, the recovery did not materialize due to sustained high interest rates. Real estate capital markets have been in a period of uncertainty as investors take a wait-and-see approach. Looking forward, we are hopeful that activity will pick up and a recovery will begin in the second half of 2024. See more:

Commercial real estate investment activity should pick up in the second half of 2024 as the Fed begins to reduce interest rates, according to CBRE’s U.S. Real Estate Market Outlook report. Read about sector-specific forecasts: https://cbre.co/3TX9heV #CBRE

The beginning of 2023 in the commercial real estate sector has not turned out as many had anticipated. Despite a positive economic outlook, inflation has been following a steady path. Initial projections suggested that activity would reach its lowest point around mid-year, but unfortunately, a significant recovery has yet to occur. The real estate capital markets have been in a state of uncertainty due to the sustained high interest rates caused by economic resilience. Looking forward, we remain hopeful that activity will soon hit its low point and a promising recovery will begin in the second half of 2024. More information:

Economic and financial factor importance forecasts for commercial real estate 2024 are in 🔮: Interest rates and cost of capital top the list of concerns for CRE professionals according to the survey Emerging Trends in Commercial Real Estate. How are these factors influencing your strategies? #Finance #EconomicTrends #InvestmentStrategies #commercialrealestate

The beginning of 2023 in the commercial real estate sector has not turned out as many had anticipated. Despite a positive economic outlook, inflation has been following a steady path. Initial projections suggested that activity would reach its lowest point around mid-year, but unfortunately, a significant recovery has yet to occur. The real estate capital markets have been in a state of uncertainty due to the sustained high interest rates caused by economic resilience. Looking forward, we remain hopeful that activity will soon hit its low point and a promising recovery will begin in the second half of 2024. More information:

Growing confidence in interest rate cuts is fueling renewed optimism in the commercial real estate investment market. Multifamily cap rates effectively held stable in Q1 2024, recording only minimal movements to yields over the quarter. The national average High Rise Class B cap rate increased 2 bps quarter-over-quarter to 4.64% and the national average High Rise Class A and New Construction categories decreased 1 bp to 4.28% and 4.53%, respectively. If you wish to read more on our current investment insights, you can find an overview of performance by property type in each city in the link below: https://lnkd.in/gEkAM-iC

Economic And Interest Rate Outlook - May 28, 2024 Presented by Rita Li, RBC Wealth Management REALTORS: Join us at the Mississauga Real Estate Board from 11:00 a.m. to 12:30 Key Concepts - Economic and Interest Rate Outlook - Investing in Income and Growth - Build in Tax Efficiencies