Altus Connect 2026 - Register Now
Join us at Terranea Resort in Palos Verdes, CA on April 13-15, 2026. Two days of big ideas, real conversations, and connections that drive results.Register today
  • Contact Support

  • Login




  • Hello uncertainty, my old friend, we're back to cautious optimism again



    23 Oct 2025

    The CRE Exchange team explores what the Fed’s Beige Book, homebuilder sentiment, and recent banking data reveal about the broader economy, and how those trends ripple through commercial real estate. Our hosts, Omar Eltorai and Cole Perry, then turn to Peter Norman, Altus Group’s VP and Economic Strategist, for a deep dive into Canadian economic and CRE trends.


    Resources mentioned:

    Email us


    Listen on Apple Podcasts
    Listen on Spotify x px


    Key moments

    • 01:34 Diving into the Fed Beige Book

    • 02:21 Labor market and employment trends

    • 03:30 Consumer spending and manufacturing Insights

    • 07:25 Home Builder Confidence Index

    • 10:43 Large Bank Credit Card and Mortgage Report

    • 13:57 Manufacturing Business Outlook Survey

    • 16:31 Non-Manufacturing Business Outlook Survey

    • 20:52 Canadian CRE trends with Peter Norman

    • 43:19 Upcoming events


    Our guest and hosts

    Peter Norman's Profile
    Peter Norman

    VP and Chief Economist

    Altus Group

    People - Omar Eltorai's Profile
    Omar Eltorai

    Senior Director of Research

    Altus Group

    Cole Perry's Profile
    Cole Perry

    Associate Director of Research

    Altus Group

    Resources

    Latest podcasts

    CRE Exchange Card Banner rebrand

    Feb 12, 2026

    What the latest lending data tells us about CRE financing

    Read more
    CRE Exchange Card Banner rebrand

    Jan 29, 2026

    Why 2026 could be a surprisingly strong year for CRE credit

    Read more
    CRE Exchange Card Banner rebrand

    Jan 15, 2026

    Data and policy shaping the early 2026 CRE market

    Read more
    CRE Exchange Card Banner rebrand

    Dec 18, 2025

    Multifamily myth busting, data, and what actually matters

    Read more
    CRE Exchange Card Banner rebrand

    Dec 11, 2025

    What's driving demand for alternative CRE sectors in 2026

    Read more
    CRE Exchange Card Banner rebrand

    Dec 4, 2025

    The CRE picture sharpens as delayed government data lands

    Read more

    Disclaimer


    This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice or services of Altus Group, its affiliates and its related entities (collectively “Altus Group”). You should not act upon the information contained in this publication without obtaining specific professional advice.

    A number of factors may influence the performance of the commercial real estate market, including regulatory conditions and economic factors such as interest rate fluctuations, inflation, changing investor sentiment, and shifts in tenant demand or occupancy trends. We strongly recommend that you consult with a qualified professional to assess how these and other market dynamics may impact your investment strategy, underwriting assumptions, asset valuations, and overall portfolio performance.

    No representation or warranty (express or implied) is given as to the accuracy, completeness or reliability of the information contained in this publication, or the suitability of the information for a particular purpose. To the extent permitted by law, Altus Group does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. The distribution of this publication to you does not create, extend or revive a client relationship between Altus Group and you or any other person or entity. This publication, or any part thereof, may not be reproduced or distributed in any form for any purpose without the express written consent of Altus Group.