2024-04-13 03:05:00 ET
Summary
- Lower interest rates should help lower real estate debt costs and start a chain reaction for a recovery in prices.
- Lower interest rates should, in turn, reduce cap rates, which should result in higher real estate prices.
- Improved tenant confidence and a sharp reduction in new supply should drive rent growth starting next year.
While 2023 was challenging for US commercial real estate ((CRE)) investors, we believe that it’s “off the floor in 2024,” with real estate poised to start its price recovery sometime in the second half of the year....
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For further details see:
Why We Expect A Price Recovery In Commercial Real Estate