What Commercial Real Estate Trends to Watch in 2020
The United States is currently experiencing its longest expansion in history, leading many in the real estate industry believe we’ll continue on the path of slow and steady growth as we head into 2020. The Urban Land Institute and PwC recently released the Emerging Trends in Real Estate 2020® report, which reflects the views of 750 individuals and 1,500 survey respondents from the real estate industry on where they see the market going in the coming year.
Industry players expect sustainable but slower growth for the U.S. economy and real estate market in 2020.
Baby boomers and millennials will have significant impacts on housing, office and other property sectors.
Austin topped the list of the markets to watch due to its strong population growth and investor demand.