Skip to content

Imbalance in the Real Estate Market

Credit: Bill Conerly

 

In a recent blog post at oregonbusiness.com,  Oregon economist Bill Conerly analyzes the state of the real estate sector. His conclusion: the past isn’t necessarily prologue.

In past economic downturns, property owners and developers at the low end of the economic cycle will forecast recovery and begin to bring new construction projects online. This allows building supply to meet demand when the economic recovery is underway.

Mr. Conerly is not seeing that happen. Because of a variety of factors — not the least of which is the financial turmoil facing Europe — near-term demand for new buildings supplying office space to a growing traded sector is still very weak.

Share This Resource

Related Articles

The National Academy of Construction has elected John Gambatese, a professor in the School of Civil and Construction Engineering at Oregon State University, as a...
The Associated General Contractors Oregon-Columbia Chapter (AGC) and SAIF announced today a $1,474,314 retrospective return for the 619 companies who participated in the AGC/SAIF group...
SAIF’s annual report provides legislators and the public with financial results of the previous year. SAIF also takes this opportunity to reflect on some of...