The economy closed 2012 with positive growth, the slow fourth quarter GDP data notwithstanding. Mirroring that growth, commercial real estate also notched a year of growth and expansion. Fundamentals continued improving through the fourth quarter of … [Read more...]
Commercial Rentals and Sales
Approximately three to four percent of REALTORS® report a commercial rental every month. On an annual basis, this would be in the neighborhood of 175,000 rental transactions per year. In addition, approximately three percent of REALTORS® report a … [Read more...]
Economy Advances 2.2 Percent in 2012
Based on early estimates, economic activity closed 2012 on a mixed note. Though gross domestic product grew at 2.2 percent for the whole year, the fourth quarter results were disappointing, showing a 0.1 percent decline. A large 22.2 percent cut in … [Read more...]
REALTORS®’ Commercial Markets Gain Steam in Fourth Quarter 2012
Commercial REALTOR® markets posted accelerating growth in sales and leasing activity during the fourth quarter of 2012. Based on the results of the January Commercial Real Estate Market Survey, commercial practitioners closed the year on a more … [Read more...]
Apartment Demand Slows in Third Quarter
Having recently participated on a panel at the National Apartment Summit, I had a chance to discuss drivers of demand and overall trends for the multifamily market. Investors are still bullish on the performance of the apartment sector, though they … [Read more...]
Commercial Real Estate Prices Rising
At least in regards to prime commercial real estate properties, prices have been making a very nice recovery. Commercial real estate prices in September were up 6.2 percent from one year ago, and are now very close to the peak prices achieved in … [Read more...]
