Source: Forbes —
The real estate market has been in flux in recent months, thanks largely to the Covid-19 pandemic. The demand for housing is only increasing as people leave major cities in favor of quieter suburban “work from home” settings with more space. At the same time, labor and supply chain shortages have made the future of construction uncertain, and real estate professionals must be prepared for how this uncertainty will impact their markets.
As industry leaders, the members of Forbes Real Estate Council have their fingers on the pulse of upcoming trends in real estate. Below, 13 of them shared their expert predictions for construction growth, including potential surges and declines in certain markets.