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A Look at What Many Got Wrong, and What That Might Mean for the Coming Year

Last Year Was Filled With Unexpected Economic Developments. But Will They Be Permanent?

The commercial real estate industry saw plenty of economic surprises in the past year. (Getty Images)
The commercial real estate industry saw plenty of economic surprises in the past year. (Getty Images)

For the second straight year, the U.S. economy was largely determined by effects of the pandemic. CoStar News looked at five key charts that defied early predictions for 2021. It remains to be seen if the changes will be permanent or whether this year will hold just as many surprises. Here’s what many got wrong:

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