Not exact matches
NAR's chief economist, meantime, cautions that while the
underlying fundamentals of the U.S. economy also look good for residential and commercial
real estate markets next year, a number of variables might cloud the economic outlook.
Positive
underlying fundamentals continue to support all of the major commercial
real estate sectors, but a slowdown in job creation and ongoing tight loan availability has tempered growth in some areas.
The growing investor demand for floating - rate CMBS, which has commonly included mezzanine financing, demonstrates that private
real estate investors have confidence in
underlying commercial mortgage
fundamentals.
Fueled by government policies and the broad decline of the stock market, the Chinese
real estate market has seen a spike in sales activity in recent months despite poor
underlying fundamentals, leading many observers to suggest that a speculative bubble is about to burst.
«Compared with the significant volatility experienced in
real estate markets worldwide over the past five years, the Canadian
real estate market remained stable due to strong
underlying fundamentals.
Nevertheless,
fundamentals are good and in fact improving, so in many cases, the quality of the
underlying real estate is good and a high price in part reflects the prospect of good future performance.