The ULI/EY Real Estate Consensus Forecast sponsored by EY is a semiannual survey of economists and analysts at the nation’s leading real estate organizations. The forecast findings include both near-term and longer-term projections for a wide variety of key economic and industry indicators, ranging from employment figures to housing starts to property sector performance.
October 2014 Consensus Forecast
The ULI/EY Real Estate Consensus Forecast for October 2014 projects solid growth over the next three years for the U.S. economy; continued strengthening in real estate capital markets; and continued improvement in commercial real estate fundamentals and the housing sector.
Compared to the previous forecast in April 2014, this forecast is slightly more optimistic regarding commercial property transaction volume and prices, fundamentals in the multifamily sector and annual returns for institutional retail, industrial, and office properties.
The findings were released October 15 in the semi-annual ULI/E&Y Real Estate Consensus Forecast, prepared by the ULI Center for Capital Markets and Real Estate. The survey, conducted between September 8 through 26, 2014, is the sixth in a series of polls conducted to gauge sentiment among economists and analysts about the direction of the real estate industry.
ULI members can email Capital.Markets@uli.org to request a recording of the webinar.