Powered by Google

Search form

Commercial Real Estate Market Survey

Posted: October 25, 2012   Size: 1.2MB   Format: PDF   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.

 

2012.Q3 Survey Highlights

 


  • REALTOR® commercial markets showed continued stabilization, with slight slowdowns in regions of the country during the quarter.
  • Sixty-five percent of commercial REALTORS® closed a sales transaction during the quarter.
  • Sales volume rose 6.0 percent from a year ago.
  • Sales prices declined 4.0 percent on a year-over-year basis.
  • Leasing activity declined 1.0 percent from the previous quarter.
  • Rental rates declined 3.0 percent compared with the previous quarter.
  • Concession levels declined 1.0 percent on a quarterly basis.
  • Financing remains at the top of the current challenges list, followed closely by pricing and the impact of local economies upon commercial markets.
  • The estimated average transaction declined from $1.1 million to $985,000 from the prior quarter.