How Consumer Sentiment Impacts CRE Mar 6 Written By Marc Nicholson How Consumer Sentiment Impacts Commercial Real EstateThe Media Often Miss The Mark On CRE DemandMedia reports attributing rising rents to the apartment demand slowdown are missing a crucial factor that influences space demand across CREConsumer Sentiment fell to a record low late in 2022, but has begun climbing againConsumer Sentiment Will Be A Force Shaping The CRE OutlookConsumer sentiment strongly influences household formation, and strong household formation numbers aid numerous types of commercial real estateInflation and recession fears brought the metric down last year, but should expand again as consumers regain confidence in their financial situationsWhat Will Bolster Sentiment In 2023?Inflation and Fed actions shape the public opinion on the economy, if the Fed keeps rate movements small and inflation continues diminishing, sentiment should riseIf the Fed can achieve this goal without sizable rate movement and avoid recession, consumers should regain confidence and CRE space demand should rise*Through FebruarySources: Marcus & Millichap Research Services, University of MichiganWatch the Video Below Marc Nicholson
How Consumer Sentiment Impacts CRE Mar 6 Written By Marc Nicholson How Consumer Sentiment Impacts Commercial Real EstateThe Media Often Miss The Mark On CRE DemandMedia reports attributing rising rents to the apartment demand slowdown are missing a crucial factor that influences space demand across CREConsumer Sentiment fell to a record low late in 2022, but has begun climbing againConsumer Sentiment Will Be A Force Shaping The CRE OutlookConsumer sentiment strongly influences household formation, and strong household formation numbers aid numerous types of commercial real estateInflation and recession fears brought the metric down last year, but should expand again as consumers regain confidence in their financial situationsWhat Will Bolster Sentiment In 2023?Inflation and Fed actions shape the public opinion on the economy, if the Fed keeps rate movements small and inflation continues diminishing, sentiment should riseIf the Fed can achieve this goal without sizable rate movement and avoid recession, consumers should regain confidence and CRE space demand should rise*Through FebruarySources: Marcus & Millichap Research Services, University of MichiganWatch the Video Below Marc Nicholson