Commercial & Investment Research

Commercial Real Estate Outlook

The Commercial Real Estate Outlook (CREO) is NAR's flagship commercial research publication. It is produced quarterly and includes the latest market information on five major commercial real estate sectors — industrial, office, multi-family, retail and hospitality real estate. The publication includes national and metropolitan data from the respected research firms of Torto Wheaton and Real Capital Analytics, along with in-depth analysis from NAR Research. The full report is available only to NAR members, and the summary report is open to all visitors.

News Release

September 17, 2008: Commercial Real Estate Easing in Economic Slowdown

CREO Downloads

CREO Summary: Third Quarter 2008

The fundamentals in commercial real estate are feeling the stress of a slowing economy and troubled credit markets. Job growth, particularly in office-using industries, has been declining. Vacancy rates are expected to rise in all sectors due to decreased demand. The financial decline is squeezing credit availability for commercial projects. As a result, transaction activity is down over 50 percent compared with last year.

Full CREO Issue: Third Quarter 2008

For NAR members only: This report includes details on individual markets, vacancy-rate tables and more. Full CREO Issue > (PDF: 494.73KB)

List of Markets Covered

The Commercial Real Estate Outlook includes statistics on 54 of the nation's largest markets.
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