The document discusses the economic and structural factors affecting commercial real estate (CRE) demand and supply in the U.S. It highlights the impact of job creation, homeownership rates, consumer spending, and e-commerce on CRE demand. The report also examines real estate supply, noting that development is under control relative to demand and historical levels, with some markets facing potential oversupply. It mentions the cautious approach of lenders and the expected gradual increase in office supply in certain markets.
doj/DataSet10/EFTA01388630.pdf
{"title":"U.S. Real Estate Strategic Outlook","document_date":"September 2016","document_type":"other","key_locations":["San Francisco","Austin","Charlotte"],"document_subtype":"report","key_organizations":["Bureau of Economic Analysis","Federal Reserve","Census Bureau"],"reference_numbers":["DB-SDNY-0092292","SDNY_GM_00238476","EFTA01388630"]}