Investment Perspectives: Americas Overview
In recent quarters, macro conditions have fallen into step across the Americas to a degree seldom seen within the region. Inflation has settled in the 3 to 4% range in most countries (a high figure for the U.S. and Canada, moderate for Mexico and Brazil) while interest rates have remained high relative to pre-COVID benchmarks. Both job and economic growth have been impressively strong and consistent (with the exception of Canada’s relatively sluggish GDP figures). This macro conformity suggests a common outlook across the region, with inflation and growth spurring commercial real estate demand and interest rates potentially holding back supply.
