Declines – significant in some asset classes – dominated investment sales in November per a recap by Colliers that used MSCI data.

Retail performed the best with just a 10% decline month over month, wrote Aaron Jodka, Research Director for U.S. Capital Markets, for the firm.

Office established a new monthly low for 2023 with just $2.8 billion in sales volume. That's off 54% from last year. Very few CBD properties traded, Colliers said.

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