2019 Q3 Commercial Real Estate Market Trends and Outlook
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NAR’s Quarterly Market Survey gathers information about the commercial transactions of REALTORS® and members of affiliate organizations (CCIM, SIOR, RLI, IREM, and the Counselors of Real Estate) and the opportunities and challenges facing commercial practitioners.
The 2019 Q3 survey was sent to approximately 69,000 commercial REALTORS® and members of affiliate organizations during October 1–9, 2019, of which 817 responded to the survey.
In both large and small commercial markets, commercial prices continued to ratchet up as of 2019 Q2, with price gains from one year ago, based on price indices reported by the National Council of Real Estate Investment Fiduciaries (8%), Federal Reserve Board (4%), and Green Street Advisors Price Index(2%).