“Emerging Trends in Real Estate 2023” Released

I’m pleased to have returned again this year as the lead writer for Emerging Trends in Real Estate, released last week by PwC and the Urban Land Institute. Despite the challenges of cyclical headwinds and shifting industry dynamics, industry participants remain largely optimistic and “take the long view.” One of our key themes for 2023.

In keeping with its long tradition, the report lays out ten top trends of relevance to the property sector. Among the key issues this year: “normalizing” as market conditions return to more familiar pre-Covid levels, while others find their “new normal.” Climate change and housing affordability return as continuing issues impacting our universe, while Sun Belt metros return as most-favored markets but lose some of their luster.

A report overview on ULI’s website here.

And the full report is available for free download on ULI’s website here.