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Real Estate Leaders’ Outlook for Housing Study Released

by Greg Robertson on December 7th, 2016

Renwick Congdon, Chief Executive Officer of Imprev
Study Shows Real Estate Leaders’ Outlook for Housing, Economy Softens for 2017

“When we compare past studies, an interesting trend emerges: Executives and broker-owners are less confident in the global economy and far more confident in their local economies at the end of each year than they were at the beginning. In fact, their confidence grows stronger the closer the economy is to home,” Congdon explains. “This year, while only 4% of leaders say their confidence in the world economy has grown this year, 35% say their confidence in their own local economy has grown; while 13% have gained confidence in the U.S. economy, 26% have more confidence in their own state’s economy.”

I love these kind of insights, but I really love this.

But I wonder if this means anything…

The study was conducted from October 18 to November 1, 2016.

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