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Forecast 2006: Five trends driving the industry

Published Thursday, December 01, 2005

While mounting pressures may produce cracks in the economic recovery in 2006, the nation is on track to close out 2005 on a resilient note. Real GDP growth in the third quarter was higher than expected at an annualized rate of 3.8%. “The economy has so far withstood the energy price shock and some major natural disasters, yet continues to perform very well,” says Hessam Nadji, managing director of research services at Marcus & Millichap. Despite economic expansion, interest rates have remained low by historical standards, fueling what Nadji says will be record investment activity in 2005. More ...

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