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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