CRE Volume Dips Amid Buyer/Seller Pricing Gap

NEW YORK CITY—US commercial property sales declined 7% year over year in dollar volume to $463.9 billion in 2017, says Real Capital Analytics. However, in contrast to a decade ago, the decline in volume was accompanied by an almost equal Y-O-Y rise in pricing, to 7.1%. As the year ended, values across commercial real estate were up 23% from their pre-crisis peak a decade ago.

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Posted Under: CBOR News