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.