Is the Economic Recovery Still on Track
August 2021
Video Highlights
GDP grew by an annualized rate of 6.5% in 2Q - a bit below expectations.
Other economic indicators remain strong - Job growth, retail sales, confidence, etc.
The recovery is still well underway, strengthening demand for all types of CRE.
Sales activity is elevated as investors remain bullish on the long-term outlook for real estate.
Although the Delta variant and tax law changes pose some risk, 2H 2021 is shaping up to be positive for investors.