The 2017 Commercial Real Estate Forecast is Strong

According to the latest quarterly forecast from the National Association of REALTORS®, the commercial real estate sector is expected to remain steady in 2017. Strengthening demand in smaller markets and the progressively expanding U.S. economy mean good news for all sectors of the commercial market. NAR chief economist Lawrence Yun had this to say: “Steady hiring and low local unemployment levels are finally supporting higher wages and increased spending, which in turn bodes well for sustained demand for all commercial property types.”

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Source: REALTOR.com feed