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Pollman Fellowship in Real Estate and Urban Development
Established in 2002 through the generous gift of Harold A. Pollman, the Pollman Fellowship in Real Estate and Urban Development.
November 10, 2022
Ella Fertitta
WASHINGTON (November 10, 2022) – The Urban Land Institute’s (ULI) latest Real Estate Economic Forecast projects positive but slower growth in the near term and a return to stronger growth in 2024, with inflation remaining a challenge of uncertainty.
“Even with overall slower growth in the near-term stemming from macro-economic conditions and pricing uncertainty, opportunities are rising in the real estate industry sectors including community and neighborhood retail centers, best-quality office, workforce housing, and single-family rentals,” said Ron Pressman, ULI’s Global CEO. “Additionally, strong fundamentals are expected to continue to support growth in the industrial and multifamily sector. Further, as the industry pivots to mitigating climate change risks, there are opportunities to bring cutting-edge buildings to market.”
The Fall 2022 ULI Real Estate Economic Forecast is a consensus based on the median forecast from 43 economists and analysts at 37 major real estate investment, advisory, and research firms and organizations. It addresses 27 key economic and real estate indicators, ranging from GDP and employment figures to commercial real estate transactions and property sector performance. This fall’s survey was conducted between September 28 and October 12.
Insights from the semiannual Real Estate Economic Forecast include:
The full results and analysis can be found on ULI’s Knowledge Finder platform and americas.uli.org/economicforecast.
For more information, contact [email protected].
The Urban Land Institute is a non-profit education and research institute supported by its members. Its mission is to shape the future of the built environment for transformative impact in communities worldwide. Established in 1936, the institute has more than 45,000 members worldwide representing all aspects of land use and development disciplines. For more information on ULI, please visit uli.org, or follow us on Twitter, Facebook, LinkedIn, and Instagram.
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