Country-Specific Info

Amidst Continued Political Uncertainty, North America Real Estate Remains Stable

Real estate market fundamentals in North America performed in line with expectations during the first half of 2017, with a few variations – primarily in the U.S. – stemming from the pace of change within the retail sector, the sharper-than-expected slowdown in transaction volume, along with the sustained political turbulence and slower-than-expected progress on key policy initiatives. According to LaSalle Investment Management’s Mid-Year Investment Strategy Annual 2017, the U.S. and Canadian real estate markets continue to attract investor interest despite these trends.

The Mid-Year ISA also reinforces the case for adding environmental factors to the DTU (demographics, technology and urbanization) secular drivers of real estate demand. LaSalle does not see the U.S. pull-out from the Paris climate treaty affecting the long-term importance of these “E-factors.”

LaSalle clients can view the full report HERE.