Powered by Google

Search form

Commercial Real Estate Market Survey

Posted: February 12, 2013   Size: 1.7MB   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 Q4 Survey Highlights

  • REALTOR® commercial markets recorded improved sales conditions, with stabilization of fundamentals.
  • Sixty-eight percent of commercial REALTORS® closed a sales transaction during the quarter.
  • Sales volume rose 18.0 percent from a year ago.
  • Sales prices declined 4.0 percent on a year-over-year basis.
  • Leasing activity advanced 3.0 percent from the previous quarter.
  • Rental rates declined 2.0 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 by inventory availability.
  • The estimated average transaction rose from slightly under $1.0 million to $1.2 million from the prior quarter.

Read more about the Commercial Real Estate Market in Q4 2012.