Trending outlook: The top 10 trends in real estate for 2016
The dance of capital continues to twirl its way from East to West and compete with domestic capital. What is in store for investors interested in North American property markets in 2016? According to ULI and PwC’s recent Emerging Trends in Real Estate: United States and Canada 2016, these are the top 10 trends investors can expect.
18-hour cities 2.0
Global and domestic investors are demonstrating growing confidence in the investment potential of U.S. secondary markets, such as Austin, Denver, San Antonio and San Diego, as they cast a wider net for deals beyond the more expensive 24-hour gateway cities. Though traditionally more volatile, 18-hour cities currently have lower-than-average supply pressure, increasing their attractiveness.
Next stop: the suburbs
The real estate market has managed to replicate the attractive components of an urban environment in select suburban locations, with mounting evidence mill