Buyer appetite for commercial property remains strong as indicated by continued low cap rates, rising transactions, and prices at three-and-a-half-year highs. Multifamily construction took a break from its recent momentum; single-family construction continued upward even as new home sales dropped dramatically. Existing housing prices are taking off, at least for now. But weak economic indicators continue to raise fears that any emerging strength can be easily knocked off course.
The top 10 trends in this month’s Barometer highlight muted growth in the economy, mixed signals in the capital markets, and a housing market that continues on a low simmer.
The top 12 trends in this month’s Barometer highlight a wavering economy, more down than up signals in the capital markets, mixed directions in property fundamentals, and a housing market that remains on a low simmer. Still, 76 percent of the key indicators in the Barometer are better than a year ago, 1 percent remain the same, and only 23 percent are worse.
The top 12 trends in this month’s Barometer highlight a tepid economy, uneven signals in the capital markets, and a housing market on a low simmer. Still, compared with a year ago, 76 percent of the key indicators in the Barometer are better, 1 percent remained the same, and only 23 percent are worse.
The top 12 trends in this month’s Barometer point to mixed signals everywhere—in the economy, capital markets, and housing market. Still, compared with a year ago, 79 percent of the key indicators in the Barometer are better and only 21 percent are worse.
The top 12 trends in this month’s Barometer point to an evolving confidence in the economy, weakened signals in the capital markets, mixed directions in property fundamentals, and a sustained spark in the weak housing market.
The top 12 trends in this month’s Barometer point to prudent optimism on the economy, a better mix of signals in the capital markets, and a sustained spark in the weak housing market.
The top 11 trends in this month’s Barometer point to cautious optimism in the economy, mixed signals in the capital markets, and a welcome spark in the weak housing market. Compared with a year ago, 67 percent of the key indicators in the Barometer are better and 33 percent are worse.
The top ten trends in this month’s Barometer point to sparks as well as concerns in the economy, some weak signals in the capital markets, and some glimmer in the weak housing market. Compared with a year ago, 57 percent of the key indicators in the Barometer are better and 43 percent are worse.
The top ten trends in this month’s Barometer point to a less-than-dynamic economy, some solid signals in the capital markets, mixed property fundamentals and a surprise in the otherwise weak housing market.
