May 2013 NAR Commercial Real Estate Market Survey Released

The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from REALTORS® who are commercial practitioners. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.

2013.Q1 Survey Highlights:

  • REALTOR® commercial markets recorded improved conditions for both sales and leasing.
  • Sixty-four percent of commercial REALTORS® closed a sales transaction during the quarter.
  • Sales volume rose 3.0 percent from a year ago.
  • Sales prices inched up 0.3 percent on a year-over-year basis.
  • Leasing activity advanced 5.0 percent from the previous quarter.
  • Rental rates increased 1.0 percent compared with the previous quarter.
  • Concession levels declined 5.0 percent on a quarterly basis.
  • Financing remains at the top of the current challenges list, followed by pricing gap between buyers and sellers.
  • The estimated average transaction slid from $1.2 million to $1.1 million from the prior quarter.

Commercial Real Estate Market Survey May 2013

View the entire report on REALTOR.org

Enhanced by Zemanta

10. June 2013 by Jorge Rivera
2 comments

Comments (2)

  1. Pingback: The Source For NAR Commercial Real Estate » Small Investor Lending Up Modestly In 2013: NAR Research

  2. Pingback: NAR Commercial Real Estate Market Survey | Charlotte Region Commercial Board of REALTORS Blog

Leave a Reply

Required fields are marked *