Research Brief: CRE Performance Strong, Despite Disappointing GDP Growth

Source: Marcus & Millichap


Real Estate Resilient; Headwinds Weigh On GDP in Third Quarter


Economic recovery downshifts in third quarter. GDP expanded at a 2.0 percent annualized rate in the third quarter as myriad headwinds weighed on growth. Supply chain issues are hampering consumption despite a record level of savings. Additionally, government...

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Source: CBRE Executive Summary In response to persistently high inflation that reached a 40-year high in May, the Federal Reserve raised the federal funds rate by 75 basis points (bps) today to a rang