A lot downReason: Lower demand due to lower purchasing power
|Choices||A lot down||Somewhat down||Stable||Somewhat up||A lot of increase|
|Rental housing & rental apartments|
|Owner-occupied apartment or condominiums|
|Detached houses, rowhouses or low-rise residence|
|Residential land subdivision|
2023 or Longer
Due to increasing popularity on work from home practice, people have lesser need to live in expensive downtown area. They will tend to move out to suburban area.
Focus on suburban real estate transactions.