US Commercial Real Estate Outlook: A few storm clouds linger for US CRE in 2024

As a member of the REES team at Oxford Economics, Abby brings 20 years’ worth of experience to the study of the real estate industry. At Oxford Economics, she focuses on real estate trends for the five major property types in the US and Canada. The crux of her forecasting and analytic real estate background comes from her decade long career at CBRE Econometric Advisors where she was in charge of metro-level forecasts and analysis for the retail and hotel sectors in the US. She has also worked at Barings and UBS where she was an integral member of their research teams.

Abby holds a bachelor’s in mathematics from Union College and a master’s in economics from the University of Connecticut.

Michael Pearce is the Deputy Chief US Economist based in New York City, sharing responsibility for forecasting the US economy and monetary policy. He has a particular focus on the US consumer and inflation. Before joining Oxford Economics, Michael worked for the Treasury in the UK, and was a senior member of the US economics team at Capital Economics for more than a decade, and he lived and worked in the UK, US, and Switzerland during that time. He has a masters degree in economic history from the London School of Economics, and a bachelors degree in economics from University College London.