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Allen Matkins and UCLA Anderson Forecast have partnered to create a Commercial Real Estate Survey and Index to better predict future California commercial rental rates and vacancy rates. Our ability to predict the real estate markets helps us make better business decisions. Understanding the timing of markets is critically important to our decisions. Because of long lead times for real estate development, general economic conditions, such as job and income growth, are not always in phase with the real estate business cycle.
This tool surveys supply-side participants - commercial developers and financiers of commercial development - for insights into their markets. The Survey and the resulting Index provide a measure of the commercial real estate supply-side participants' view of current and future conditions. Since participants make investment actions based upon these views, it provides a leading indicator of changing supply conditions.
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