ULI Forecasts Slow GDP Growth in Short Term

The Urban Land Institute, Washington, D.C., predicted positive but slow growth for the U.S. economy until 2025–which should bring a return to stronger growth and average inflation–in its semiannual Real Estate Economic Forecast.

ULI Forecast Sees Potential Rebound in 2021-2022

The Urban Land Institute, Washington, D.C., said a consensus of real estate economists surveyed expect a short-lived recession and above-average GDP growth in 2021 and 2022.

Real Estate Economists Expect Short-Lived Recession

The COVID-19 crisis has shocked markets everywhere, but some U.S. real estate economists expect a short-lived recession and above-average GDP growth in 2021 and 2022, said the Urban Land Institute, Washington, D.C.