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Commercial Real Estate Market Trends, Q4 2016
Commercial Real Estate Market Trends: Q4 2016
The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and leasing transactions, along with information on current economic challenges and future expectations.
After an upbeat third quarter, economic growth slowed during the last quarter of 2016. However, boosted by solid employment gains, consumer spending remained on an upward trajectory. Following the results of the presidential election, the corporate sector found renewed optimism. With the economy growing, demand for commercial real estate will likely remain on a solid footing.
Balboa is actively pursuing commercial real estate financing deals. 12% of respondents to the NAR's survey site financing as a main challenge in Q4 2016. We'd like to invite those REALTORS® to contact Balboa with their next deal. Reach out today and discover how Balboa can help you close more commercial real estate deals.
Information provided by NATIONAL ASSOCIATION of REALTORS® | RESEARCH DIVISION | www.nar.realtor/research-and-statistics
Categories: market research