WASHINGTON, DC-The latest National Association of Realtors’ Commercial Leading Indicator for Brokerage Activity shows that while there is little headroom in the market for additional growth activity remains very robust. The Index has increased for seven consecutive quarters and is currently holding at the highest level on record, NAR reports.

The Index rose 0.1% in Q4 to 120.1, from 120.0 in the previous quarter. It is 1.8% above the 118.1 that registered the same time period last year.

“Growth is leveling off,” Scott MacIntosh, senior economist tells GlobeSt.com. “The good news is it is not declining so we will still see fairly good absorption this year.”

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