Quarterly Commerical RE Market Survey Results
Written by: Georgy Ratiu, NAR Research Economist
Every quarter, NAR Research produces The REALTORS® Commercial Real Estate Market Survey. This survey measures quarterly activity in commercial real estate markets and reflects data from commercial members of the Association.
There was mixed news for commercial market activity in the first quarter of 2010. More than half of commercial REALTORS® responding to the NAR survey indicated that they had completed a commercial sales transaction. The estimated average transaction value was $1.2 million.
But sales, prices, and rental rates declined from the previous quarter. Sales volume declined 6 percent in the first quarter compared with a...
For the Full ARTICLE: http://www.realtor.org/research_secured/reinsights/marketintelligence?&WT.mc_id=LS082510&CAT=Comm