As we pass the mid-year point, the word I am associating with commercial real estate performance is “moderating”. Growth in Industrial, Multi-Family and Office is still occurring but at a slower pace than in recent years. Industrial is leading the sectors, followed by multi-family. Construction costs are high, putting a drag on development. While growth in construction is still occurring, That growth is slower than in recent years.
Read more at: NAR – COMMERCIAL REAL ESTATE TRENDS & OUTLOOK 2019.Q2 and CREentrepeneur