Emerging Trends in Real Estate® Global Outlook 2024
Report Summary: : The Emerging Trends in Real Estate® Global Outlook report by the Urban Land Institute and PwC, examines the global challenges and opportunities facing real estate and analyses the developing impacts on regions and sectors around the world.
There is some hope among the industry that buyers and sellers of properties are starting to accept a higher-for-longer interest rate environment and will therefore find the middle ground on pricing that has been so elusive over the past two years.
Despite the monetary headwinds and continued economic uncertainty around the world, there is a widespread view that inflation is moderating and interest rates may have peaked, and greater clarity on monetary policy since the turn of the year has brought a measure of relief. However, industry leaders across all three regions acknowledge that the geopolitical backdrop to investment is fraught with uncertainty (particularly in this year of elections) and may yet override the more stable monetary situation.
This report also explores how the real estate sector is undergoing a “great reset”, which goes beyond the industry adapting to the new era of higher-for-longer interest rates. It is the opportunity for a radical re-think of what will make real estate fit for purpose in the long term.
Report Summary: The Emerging Trends in Real Estate® Global Outlook report by the Urban Land Institute and PwC, examines the global challenges and opportunities facing real estate and analyses the developing impacts on regions and sectors around the world.
There is some hope among the industry that buyers and sellers of properties are starting to accept a higher-for-longer interest rate environment and will therefore find the middle ground on pricing that has been so elusive over the past two years.
Despite the monetary headwinds and continued economic uncertainty around the world, there is a widespread view that inflation is moderating and interest rates may have peaked, and greater clarity on monetary policy since the turn of the year has brought a measure of relief. However, industry leaders across all three regions acknowledge that the geopolitical backdrop to investment is fraught with uncertainty (particularly in this year of elections) and may yet override the more stable monetary situation.
This report also explores how the real estate sector is undergoing a “great reset”, which goes beyond the industry adapting to the new era of higher-for-longer interest rates. It is the opportunity for a radical re-think of what will make real estate fit for purpose in the long term.
About Emerging Trends in Real Estate®
Emerging Trends in Real Estate® is one of the most highly regarded annual industry outlooks for the real estate and land use industry, published jointly by PwC and the Urban Land Institute. By incorporating interviews and survey responses from several hundred industry professionals, the report provides an in-depth outlook by region on real estate investment, development trends, and capital markets. The report is produced in four versions: Americas, Asia Pacific, Europe, and Global. All the Emerging Trends in Real Estate® reports published since 2003 are available on Knowledge Finder.
