But is this encouraging phenomenon a result of good luck or the start of an unlikely trend? "Looking into the future and the crystal ball is often cloudy, we need one of two things to happen," MBA research director Jim Freund explains to GlobeSt.com. "We need economic growth to pick up, which would lead to some real strengthening of commercial real estate markets, or a continuation of historically low mortgage rates or both. With one or both of these conditions, this strain could carry on for another couple of quarters or more."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.