To summarize Colliers' Q3 capital markets snapshot is done by looking at one graphic. Their quarterly pricing forecast for office, industrial, multifamily, retail, and hospital is down, down, down, down, and down.
The company explained the overall results through a number of factors:
Although GDP growth in Q3 was an annualized 5.2% on revision, which should have sparked sales activity, transactions were down 50% year over year. Blame that on higher financing expenses and rising cap rates.
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