What will be the most far-reaching effect of falling energy prices on the CRE industry in 2015? by the Editors of Commercial Property Executive | Dec 12, 2014 Dec 12, 2014 National Polls Facebook Twitter Google+ LinkedIn Email Subscribe to CPE What will be the most far-reaching effect of falling energy prices on the CRE industry in 2015? Construction and/or operating costs for many properties will decline dramatically. 11% It will discourage energy savings initiatives. 11% Real estate markets will slow in energy-boom states. 27% Consumers will have more disposable cash in their pockets, which will boost retail spending. 51%