Market trends encompass shifts in product supply and consumer demand over time, whether they come in response to macroeconomic trends (such as demographics, interest rates or availability of capital), changes in user preferences (such as for rental over for-sale housing or urban over suburban office space), or innovations in product available (such as microunit housing and coworking space)
This year's report explores a clear upturn in confidence among property industry leaders as many come to terms with the radical changes to the business of real estate brought about or accelerated by COVID-19.