Courtesy of the National Association of Realtors®.
Realtors® Survey: Led By China, Foreign Investment in U.S. Commercial Real Estate on the Rise
Realtors® Have a Positive Outlook for Commercial Markets in 2017
WASHINGTON (May 19, 2017) – While challenges face commercial real estate markets, Realtors® specializing in the sector should have confidence that growth will continue. That’s according to speakers at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo. READ MORE...
December 2016 Business Creation Index
The new Business Creation Index (BCI) was created to monitor local economic conditions from the perspective of NAR’s commercial members. The quarterly report offers insight from commercial real estate professionals into whether businesses are opening or closing by industry, population density, and subregion. On a monthly basis, it tracks three key questions related to local market conditions:
- An increase of businesses opening in local communities in the last 30 days
- An increase of businesses closing in local communities in the last 30 days
- Net businesses opening and closing in local communities in the last 30 days.
Commercial Real Estate Outlook
NOVEMBER 16, 2016
NAR'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.
- Third quarter fundamentals in LCRE displayed an even picture, with solid demand and rising construction.
- However, for most property types absorption took a breather, giving supply time to catch up, a trend which was reflected in flat availability.
- Commercial fundamentals in smaller markets maintained an even pace during the third quarter of 2016.
- While leasing volume moved sideways, with a 0.3 percent slide over the prior quarter, leasing rates advanced, rising 1.8 percent.
Commercial Lending Trends Survey
- Commercial real estate (CRE) notched another year of growth in 2015, favored by continued macroeconomic growth and broadening capital markets.
- Commercial vacancy rates declined for the core property types. Availability is expected to continue contracting for office, industrial and retail properties in 2016.
- Vacancies for apartments are estimated to rise, due to gains in supply.
- Commercial rents have risen across the board, and are projected to advance this year in the 2.5 percent to 4.0 percent range.
- Lending conditions in REALTOR® markets notched another year of sustainable recovery. As CRE asset prices strengthened, financing and lending conditions improved in 2015.