2017 Q4 Commercial Real Estate Market Survey

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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.

Highlights

  • The fourth quarter of 2017 marked an acceleration in REALTORS®’ market trends. 
  • Sales volume advanced at a solid 9.1 percent, as cap rates closed the year 10 basis points higher from 2016. 
  • The shortage of available inventory remained the principal concern for investors, as a wide pricing gap between buyers and sellers affected over 20 percent of respondents. 
  • Prices gained 6.9 percent year-over-year. Leasing activity maintained its growth trajectory as vacancies declined.

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