Real Estate Times Are Changing

Although a continuous flow of capital has kept the real estate industry stable overall, growth over the next year is likely to be more moderate compared to the robust levels of recent months, with much depending on what happens with a variety of factors such as consumer spending, energy prices, housing demand, job growth, corporate productivity gains and inflation, according to Emerging Trends in Real Estate(R) 2006, just released by the Urban Land Institute (ULI) and PricewaterhouseCoopers LLP.