How Consumer Sentiment Impacts CRE
How Consumer Sentiment Impacts Commercial Real Estate
The Media Often Miss The Mark On CRE Demand
Media reports attributing rising rents to the apartment demand slowdown are missing a crucial factor that influences space demand across CRE
Consumer Sentiment fell to a record low late in 2022, but has begun climbing again
Consumer Sentiment Will Be A Force Shaping The CRE Outlook
Consumer sentiment strongly influences household formation, and strong household formation numbers aid numerous types of commercial real estate
Inflation and recession fears brought the metric down last year, but should expand again as consumers regain confidence in their financial situations
What Will Bolster Sentiment In 2023?
Inflation and Fed actions shape the public opinion on the economy, if the Fed keeps rate movements small and inflation continues diminishing, sentiment should rise
If the Fed can achieve this goal without sizable rate movement and avoid recession, consumers should regain confidence and CRE space demand should rise
*Through February
Sources: Marcus & Millichap Research Services, University of Michigan