Special: How bad could it get for property markets in 2023?

from The Weekly Briefing from Capital Economics · host Capital Economics

This special episode is all about property markets, with Chief Property Economist Andrew Burrell leading wide-ranging discussions about what to expect in 2023 and some key sector trends. In this episode:Andrew outlines our forecasts for US, UK and European markets this year, explaining how bad things can get as recessions take hold;Kiran Raichura, head of our US Commercial Property coverage, and Property Economist Sam Hall run through our latest rankings of US metro demand, exploring the factors behind southern markets taking the top spots as most desirable among remote workers;Andrew talks with David Oxley, the head of our Climate Economics coverage, about the property sector's outsized contribution to global carbon dioxide emissions and what it can do to decarbonise, including office versus residential and how construction regulations in emerging markets need to catch up. Click here to read the reports referenced in this episode.

What this episode covers

In this special episode on property, we discuss how bad it can get for the US, UK and European markets in 2023 as recessions take hold, while our US Commercial Property team highlight the latest findings of our US metro rankings. Plus, with property accounting for nearly 40% of global carbon dioxide emissions, what can the sector do to help the climate challenge?