The US real estate market is predicted to return to pre-pandemic levels by 2023, with equity REIT investors poised to win big.
Total annual returns for equity REITs are predicted to reach 27.8% in 2021, according to ULI, topping 2019's previous high of 26%.
"The forecast comes close to the 2014 peak of 30.1% and almost doubles the spring 2021 forecast of 15.0%. At 10% annually, the forecasts for 2022 and 2023 fall back to closer to the 20-year average of 11.3%," ULI economists note in a recent release outlining their economic predictions for the next few years.
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