August offered a hopeful sign that CRE sales in the U.S. could be on the upswing, but the market still has a way to go before it recovers fully, and deals over $100 million are scarce, according to Colliers Capital Markets August update.

After a weak June and July, sales jumped 20% in August to $23.5 billion. But on an annual basis, the market was down 61% compared to the prior year, and prices were lower as well – with the exception of hospitality, which improved by 1%.

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