Orange County Register: Evaluating the Accuracy of 2023 Real Estate Predictions

The US economy has been strong in the first half of 2023, with inflation cooled down to 3% due to Federal Reserve's tightening policies and interest rates remaining low. Industrial real estate has seen some giveback as Amazon reduces its space, resulting in a less intense demand for space compared to 2021 and 2022. This has reduced concerns of a recession.

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