CBRE 2023 U.S. Real Estate Outlook: Moderate Recession Will Slow Leasing and Investment, But Opportunities Are Emerging
DALLAS — CBRE foresees a moderate recession in 2023 that will bring declines in real estate investment and leasing activity, though inflation will recede by year end and well-capitalized investors still will be able to make deals, according to the company’s 2023 U.S. Real Estate Outlook. CBRE anticipates recession-related trends in 2023 such as declining home prices and retail sales as well as rising unemployment. Even so, the recession likely will be moderate, given that […]
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