Commercial Real Estate Outlook

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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.


Commercial fundamentals are expected to maintain an upward trajectory.
  • With employment in business and professional services still driving growth, demand for offices should remain solid.
  • The industrial sector continues to ride the tail winds of trade and e-commerce.
  • Multifamily properties benefit from a double-dose of boost—rising household formation and a shortage of residential housing—which will keep vacancies in check, even with rising new supply.


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