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Tag Archives: Urban Land Institute

New Report Projects Strong Housing Growth

A recent industry survey detects rising optimism in the commercial real estate and single-family housing sectors over the next few years. The survey, conducted by the Urban Land Institute and Ernst & Young, finds a consensus among analysts that the real estate market will improve as transaction volumes rise and vacancies decline. "After a prolonged period of uncertainty, we're seeing a revival of investor confidence as the economy continues to recovery," said Dean Schwanke, SVP at the Urban Land Institute.

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Report Predicts Slow Growth for Commercial Real Estate in 2013

The commercial real estate sector is improving, but investors need to be patient and not expect "quick wins," PwC and the Urban Land Institute said in a jointly-released report. According to their findings, "modest gains in leasing, rents, and pricing will extend across U.S. markets from coast to coast and improve prospects for all property sectors, including housing." Overall, recent job creation should bring down vacancy rates in the office, industrial, and retail sectors, and demand for apartments should remain.

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