2013 Forecast

2013 Forecast

Cautious First Quarter, Positive Investment Sales in 2013 – Avison Young

Jon Epstein, principal with Avison Young's’s capital markets group.

Canadian real estate services company, Avison Young, is predicting a cautious first quarter, despite reporting impressive sales in New York City’s investment sales market.

Strong sales was a hallmark of 2012’s fourth quarter, influenced by economic uncertainty due to so-called ‘fiscal cliff’ negotiations between President Barack Obama and Congress. Sellers chose to place assets on Read More