May 2019 Commercial Real Estate Market Trends and Outlook
Download (PDF: 2.1MB)
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 Q1 survey was sent to approximately 69,754 commercial REALTORS® and members of affiliate organizations during April 24 –May 3, 2019. There were 828 respondents who were engaged in sales (40%), leasing (35%), sales and leasing (8%), property management (5%), appraisal (3%), or a mix of these businesses (10%).
Among those engaged in sales, the average sales transaction was $1.2 million.