Powered by Google

Search form

Commercial Real Estate Market Survey

Posted: May 06, 2014   Size: 1.3MB   Format:    Download

The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.

2014 Q1 Survey Highlights

  • 66% of commercial REALTORS® closed a sale.
  • Sales volume rose 11% from a year ago.
  • Sales prices increased 4% year-over-year.
  • Cap rates averaged 8.2% during Q1.14
  • Leasing activity advanced 5% from previous quarter.
  • Rental rates increased 2% over previous quarter.
  • Concession levels declined 4% on a quarterly basis.
  • Inventory shortage topped the list of current challenges, followed by pricing gap.
  • The estimated average transaction rose from $1.2 million in Q4.13 to $1.4 million in Q1.14