Fratzke Commercial Real Estate Advisors, Inc. is excited to share the latest Commercial Real Estate Market Trends from the National Association of Realtors for the 2nd quarter of 2018.
NAR COMMERCIAL REAL ESTATE MARKET TRENDS: Q2.2018
In this issue, the National Association of Realtors Commercial states, “In Q2 2018, investment sales slowed, sales volume rose by only 0.5 percent on a yearly basis, and cap rates moved sideways. Low inventory remained the principal concern for REALTORSÂ®, as a wide pricing gap between buyers and sellers affected over 20 percent of respondents. Prices grew 5.1 percent year-over-year. Leasing activity picked up, as vacancies experienced upward pressures.”
*The REALTORSÂ® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORSÂ® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and leasing transactions, along with information on current economic challenges and future expectations.In July 2018, NAR invited a random sample of 62,789 REALTORSÂ® with an interest in commercial real estate to complete an on-line survey. A total of 1,010 complete responses were received, for an overall response rate of 1.6 percent. The main measure of central tendency employed in the analysis is the mean.*