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 commercial sale.
According to the Commercial Real Estate Quarterly Market Survey, rental volumes are up by three percent on a quarter-over-quarter basis. Rental rates are down by two percent, although the level of downward pressure has been decreasing. For sales, volume is up by 11 percent, with prices down 3%.
