Q425 Burns + CRE Daily Fear and Greed Index

The Q425 JBREC + CRE Daily Fear and Greed Index is now available, offering a detailed look at how commercial real estate investors are navigating a market marked by improving credit conditions, shifting asset values, and mixed expectations for 2026.

This quarter’s index rose to 58, signaling modest expansion across CRE and marking the strongest reading of the year. Retail continues to lead, office has exited contraction for the first time, and capital access improved across every sector.

Highlights include:

• Investor outlook softened for 2026. Expectations fell across every sector except retail as interest rates, uncertainty, and regulatory pressures weigh on sentiment.
• Distress is set to rise. 73% of multifamily investors and 54% of office investors expect more distressed deals over the next six months.
• Liquidity is improving. For the first time in survey history, more investors say capital is getting easier—not harder—to access.

Want the full breakdown by sector, strategy, and capital access? Download the report below.

Download the Full Survey Results

The 28-page survey chartbook provides deeper insights and visuals into investor sentiment, capital trends, and the evolving CRE landscape. Download the complete report for a sector-by-sector breakdown and exclusive investor commentary.

"*" indicates required fields

First name*

Last name*

Email*

Company name (i.e. CRE Daily)*

Comments

This field is for validation purposes and should be left unchanged.

Δ

By downloading, you agree to our Terms and Privacy Policy. You will also start receiving CRE Dailys free newsletter. You can unsubscribe anytime.

Explore the results and charts on our new interactive page:
🔗 https://www.credaily.com/fear-greed-index/