Latest Allen Matkins/UCLA Anderson Forecast California CRE Survey Finds Topping Out in Office and Retail Markets
The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey signals that California commercial real estate continues its boom, but as U.S. economic growth slows, there are signs of this boom topping out. The Survey, taken by commercial real estate industry leaders in June 2016, "provides the first indication of a topping out in office and retail markets,” says Jerry Nickelsburg, adjunct professor of economics at UCLA Anderson School of Management and senior economist with the UCLA Anderson Forecast. In the two other markets surveyed, industrial and multi-family housing, the optimism of the past few years continued through the June survey period. Read the Press Release.
Listen to what industry experts had to say about the Summer/Fall Survey in the individual market-focused videos below.