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WASHINGTON, DC—Commercial real estate executives are optimistic about 2020, according to the Real Estate Roundtable's 2019 Q4 Economic Sentiment Index. "Our Q4 Sentiment Index shows that macro real estate markets remain fundamentally sound and reasonably leveraged, with balanced supply and demand," says Real Estate Roundtable President and CEO Jeffrey DeBoer in prepared remarks. "The markets continue to benefit from business and consumer spending, encouraged by low unemployment, rising wages and low energy prices."

Yet something is amiss. The Q4 Sentiment Index dropped one point from the previous quarter to register a score of 49; a score of approximately 50 is viewed as positive. In addition, the Q4 Future-Conditions Index, which is part of the overall Sentiment Index, decreased three points from Q3 to reach 45.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.