Could The Real Estate Market Be Slowing Down?

LOS ANGELES–(BUSINESS WIRE)–The Summer/Fall 2017 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that broad segments of the market will be slowing down in the coming years. The biannual survey projects a three-year-ahead outlook for California’s commercial real estate industry and forecasts potential opportunities and challenges affecting office, multi-family, retail and industrial sectors. Though unemployment has dropped and income and spending are increasing, there is an ebbing of market optimism about the future from developers, which should lead to a slowing of development.

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