2016 Q3 Commercial Real Estate Market Survey
The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and leasing transactions, along with information on current economic challenges and future expectations.
- While economic growth missed expectations during the second quarter of 2016, commercial real estate investments in small cap markets maintained upward momentum.
- With 66.0 percent of REALTORS® reporting closed transactions, the volume of investment sales increased 8.4 percent compared with the second quarter of 2015.
- The shortage of available inventory remained the number one concern for NAR members, pushing price growth upward.