NAR: Commercial Real Estate Outlook 2015 Q4


From NAR:

natlassocirealtorsNAR’s latest Commercial Real Estate Outlook offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets. Highlights:

  • Demand for commercial leases kept a positive pace in the third quarter of 2015.
  • Construction has been growing across all property types, but the gap between demand and supply exerted downward pressure on availability.
  • Commercial fundamentals are expected to improve, with vacancies continuing on a downward trend.
  • Prices are poised to continue their advance in the last quarter of 2015, as shortage of inventory and larger capital pools—both equity and debt—search for yield.

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