Broader Real Estate Sector to Recover, Hotels to Disappoint, ULI Forecast Predicts
Originally published on October 27, 2021, by the Urban Land Institute.
The Fall 2021 ULI Real Estate Economic Forecast for 2021 to 2023 gives high-level projections of recovery to pre-pandemic levels for many U.S. real estate indicators by 2023, but with reasons to celebrate for equity REIT investors and significant disappointments for the hotel sector.
The semiannual survey of economists and analysts at the nation’s leading real estate organizations is in its 10th year and addresses 27 key economic and real estate indicators, ranging from GDP and employment figures to commercial real estate transactions and property sector performance.