Niche Neighborhoods & Economic Diversity Drive Austin to Top in Emerging Trends in Real Estate® 2017

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Niche neighborhoods and economic diversity are driving forces behind the strong showing of this year’s top ten U.S. cities, according to Emerging Trends in Real Estate® 2017, released today by PwC US and the Urban Land Institute (ULI). Austin, Texas wins “Top City,” thanks to its authentic, niche neighborhoods and depth of economic diversity, from manufacturing to education, health care and technology. Construction labor shortages and the rapid spread of digitization throughout the industry are also playing key roles in fueling 2017 real estate trends, along with “Optionality,” the multi-purposing of in-demand spaces. …
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Commercial Real Estate Industry Continues to Make Progress in Reducing Energy Consumption, Carbon Emissions and Water Usage, Says New Analysis from ULI’s Greenprint Center

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A new report from the Urban Land Institute’s (ULI) Greenprint Center for Building Performance shows that many of the world’s leading commercial real estate owners and managers are making significant progress in reducing energy consumption, carbon emissions and water usage in their buildings….
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Real Estate Economists Expect Continued Declines in Real Estate Growth Rates, According to a New ULI Semi-Annual Real Estate Market Survey

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Following six years of growth, commercial property transaction volume is expected to decline over the next three years to $428 billion in 2018, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate….
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New CoStar Data Identifies 5.5 Million Units of Naturally Occurring Affordable Housing in Markets Across the United States

CoStar, a leading data analytics firm for the commercial real estate industry, has identified 5.5 million units of naturally occurring affordable housing across the United States, what housing leaders view as a critical supply of housing for middle-class workers in a wide range of professions that enable local economies to function….
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