CHICAGO—The CCIM Institute recently conducted asurvey of its members for its Quarterly MarketTrends report that provides yet more evidence of a broadereconomic recovery. The Chicago-based group, an affiliate of theNational Association of Realtors®, found that 52%of the members that participated in the August/September 2014market intelligence survey reported a greater overall deal flowthan during the same time frame in 2013. And 60% said they fieldedmore serious inquiries from potential buyers than in the thirdquarter of last year.

Members also had greater success with industrial deals.Seventy-one percent of respondents told CCIM they experiencedgreater industrial deal flow year-over-year. In addition, 79%received more serious inquiries from potential buyers over the sameperiod last year. And 46% of the respondents reported higher pricesfor these industrial assets and 42% reported that prices were flat.Cap rates seemed more stable, with 46% reporting steady rates and42% reporting a decline.

The multifamily sector has been hot for some time, and CCIMmembers still consider it the best of the five main property types.On a scale of 1 to 5, multifamily investments ranked 4.0, followedby industrial at 3.6, retail at 3.2, hospitality at 3.2 and officeat 2.8.