“Investor confidence returned following a tepid first quarter and the CoStar Commercial Repeat-Sale Indices (CCRSI) ended the first half of 2016 on a stronger note, reflecting the broad-based gains in commercial real estate prices and investment activity across regions and property types.”
“The U.S. property markets, however, received a boost from favorable market conditions in the U.S. and deteriorating geo-political conditions abroad such as Britain’s Brexit vote to withdraw from the European Community.”
“While all four U.S. regional indices showed healthy growth in the second quarter of 2016, the West posted the strongest gain, becoming the second regional U.S. composite index to advance beyond its pre-recession peak…”
Citation & Link to Article – Drummer, Randyl. “CRE Price Growth Rebounds Along with Investor Confidence at Midyear, While Rate of Increase Slows.” National Commercial Real Estate News. N.p., 3 Aug. 2016. Web. 04 Aug. 2016. <http://www.costar.com/News/Article/CRE-Price-Growth-Rebounds-Along-with-Investor-Confidence-at-Midyear-While-Rate-of-Increase-Slows/183869>
Link to Picture – http://www.epsteinglobal.com/case-studies/hyatt-center-high-rise-office-building