2024: A Year of Stabilization and Reset.

California’s economic performance has lagged national performance for the last few years – technology sector layoffs, regional banking crises, and the exodus of a significant portion of the workforce to other states have taken its toll. However, home sales are tentatively rebounding and the population grew in 2023, halting three years of decline. As California continues its path to economic recovery, this session takes a closer look at trends in construction and development, real estate supply and demand signals, emerging trends, and demographic shifts amidst volatility. We will also discuss what the future holds for different market sectors across the state.

Speaker: Supina Mapon | Healthcare Strategy | Design Integration, DPR Construction