” …Liquidity measures indicate continued healthy investor sentiment for commercial property, and the positive outlook for CRE fundamentals suggests the asset class should continue to attract investor interest.”
- “Commercial property price growth picked up in April after a slower than expected first quarter, according to the latest CoStar Commercial Repeat sale Index (CCRSI) released this week.”
- “The two major CCRSI indices rebounded during the month as investors returned to the market and resumed sales activity after a pull-back at the beginning of the year.”
- “The average time on the market for for-sale properties dropped 19.7% in the 12-month period ended in April 2016 and the sale-price-to-asking-price ratio narrowed by 2.9 percentage points in the 12-month period ended in April 2016 to 94.3%, the highest this ratio has been since August 2006 and further indication of positive investor sentiment.”
Citation and Link: CoStar News Staff. “Growth in U.S. Property Prices Bounces Back After First Quarter Slowdown.” National Commercial Real Estate News CoStar, 26 May 2016. Web. 31 May 2016. http://www.costar.com/News/Article/Growth-in-US-Property-Prices-Bounces-Back-After-First-Quarter-Slowdown/182365
Picture Citation and Link: Showley, Roger. “Commercial Real Estate: Growing Strength.” The San Diego Union-Tribune. San Diego Union Tribune, 6 Feb. 2015. Web. 31 May 2016.http://www.sandiegouniontribune.com/news/2015/feb/06/commercial-real-estate-costar-2014/