In 2020, the coronavirus (COVID-19) pandemic put the global economy to an unprecedented test. According to a survey conducted among industry professionals, the commercial real estate sector is in a downturn phase of the market cycle. While 64 percent believe their local market is in recession, 16 percent share that the market is in upturn.
Perception of market phase of commercial real estates experts worldwide as of 3rd quarter 2020
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Statistics
Royal Institution of Chartered Surveyors. (October 27, 2020). Perception of market phase of commercial real estates experts worldwide as of 3rd quarter 2020 [Graph]. In Statista. Retrieved April 19, 2024, from https://www.statista.com/statistics/1196655/perception-on-the-commercial-real-estate-market-phase-by-industry-experts-globally/
Royal Institution of Chartered Surveyors. "Perception of market phase of commercial real estates experts worldwide as of 3rd quarter 2020." Chart. October 27, 2020. Statista. Accessed April 19, 2024. https://www.statista.com/statistics/1196655/perception-on-the-commercial-real-estate-market-phase-by-industry-experts-globally/
Royal Institution of Chartered Surveyors. (2020). Perception of market phase of commercial real estates experts worldwide as of 3rd quarter 2020. Statista. Statista Inc.. Accessed: April 19, 2024. https://www.statista.com/statistics/1196655/perception-on-the-commercial-real-estate-market-phase-by-industry-experts-globally/
Royal Institution of Chartered Surveyors. "Perception of Market Phase of Commercial Real Estates Experts Worldwide as of 3rd Quarter 2020." Statista, Statista Inc., 27 Oct 2020, https://www.statista.com/statistics/1196655/perception-on-the-commercial-real-estate-market-phase-by-industry-experts-globally/
Royal Institution of Chartered Surveyors, Perception of market phase of commercial real estates experts worldwide as of 3rd quarter 2020 Statista, https://www.statista.com/statistics/1196655/perception-on-the-commercial-real-estate-market-phase-by-industry-experts-globally/ (last visited April 19, 2024)
Perception of market phase of commercial real estates experts worldwide as of 3rd quarter 2020 [Graph], Royal Institution of Chartered Surveyors, October 27, 2020. [Online]. Available: https://www.statista.com/statistics/1196655/perception-on-the-commercial-real-estate-market-phase-by-industry-experts-globally/