Michelle Matteson

The Return of Aggressive Pricing

By Peter Hobbs The strong momentum over recent quarters suggests that 2014 will be another stellar year for real estate, the fifth consecutive year of above- average performance since the financial crisis. Although there tends to be a delay before most national markets report their year-end performance, the early results from the U.K., the U.S. and, particularly, Ireland confirm continued strong performance. The results for Ireland, at 40 percent for the year as a whole, are staggering, and represent the best-ever annual performance since the series began 30 years ago. Despite this strong performance, concerns are increasingly being raised over…

Office-ially Stronger

(CMBS delinquencies by property type; $ in billions)

New Not Needed

Value of manufacturers’ new orders; not seasonally adjusted; $ in millions

Higher Hires, Sales Slowdown

(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)

Moderate Improvement

(U.S. office market conditions*)

Going Up!

(change in U.S. commercial real estate under construction)