Are We Looking At An Extended CRE Cycle? What About Apartments?

Ed.: I’ve added the vertical lines indicating peaks in Rent Growth and Unemployment

The Bullets

  • Comparing this recovery to any other post-war is not meaningful
  • There are no statistical constraints on a real estate cycle
  • The apartment cycle will be driven by three types of demand that many underestimate

In his latest Ahead of the Curve piece, Richard Barkham, Ph.D., CBRE Global’s Chief Economist explores whether the commercial real estate cycle turns down in 2018 or  extends beyond for a year or two. His conclusion is a version of Harry Truman’s Continue reading Are We Looking At An Extended CRE Cycle? What About Apartments?