UCLA Anderson Forecast in Collaboration with UCLA Ziman Center for Real Estate presents

June 2024 Economic Outlook

In the wake of 1 ½ years of interest rate increases, the Federal Reserve began raising rates in March of 2022 and continued through the end of July 2023. Now, with markets facing some moderate decreases in finance costs, what happens to real estate? Will new housing starts shoot up again or remain at historical average levels? What will the Summer Allen Matkins UCLA Anderson Forecast California Commercial Real Estate indicate about commercial development. Are homeowners coming back in the market and importantly, what does this mean for inflation and recession conditions?

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