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Commercial Real Estate Outlook

November 16, 2016

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NAR's latest Commercial Real Estate Outlook offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets.

Highlights

  • Third quarter fundamentals in LCRE displayed an even picture, with solid demand and rising construction.
  • However, for most property types absorption took a breather, giving supply time to catch up, a trend which was reflected in flat availability.
  • Commercial fundamentals in smaller markets maintained an even pace during the third quarter of 2016.
  • While leasing volume moved sideways, with a 0.3 percent slide over the prior quarter, leasing rates advanced, rising 1.8 percent.