Q3 PREA consensus forecasts predict a steady recovery for US CRE
The latest PREA consensus forecasts showed a minor downgrade in the all-property forecast, both for the next two years and the 2025-29 average. That was driven by downgrades in the residential, senior housing and self-storage sectors. Despite these latest downgrades the consensus remains more optimistic than us, especially for the industrial sector, although our five-year forecast for retail is in line.
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