Commercial property transactions fell again in the third quarter, according to the latest edition of US Capital Trends from Real Capital Analytics.
Dollar volume dropped 57% year-over- (YOY) year in Q3, but rose 37% on a quarterly basis. RCA says that is a more significant increase than usual seasonal activity patterns.
At the same time, the annual rate of US commercial real estate price growth ticked up 1.4% in September. RCA said that continued price gains in the apartment and industrial sector balanced out declines in retail and office prices.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
