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Analysis

Significant Declines in CRE Sales Volumes Hit in August

The only exception by asset class was hotels.

If anyone wondered if and when the run on commercial real estate sales would top off, the answers are “yes” and “August.”

Colliers, working with that month’s data from Real Capital Analytics, said, “Meaningful declines in sales volume are now apparent in reported transaction data.” Overall, deal volumes are down year-over-year by 41%.

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Erik Sherman

 

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