CCIM Quarterly Market Trends 3Q 2013
Third-quarter 2013 edition of CCIM Institute’s Quarterly Market Trends. The report provides timely insight into major commercial real estate indicators for core income-producing properties.
It is produced by the National Association of Realtors® in conjunction with and for members of the CCIM Institute, the commercial real estate industry’s global standard for professional achievement.
The third-quarter 2013 report features commentary from Lawrence Yun, Ph.D., NAR chief economist, and George Ratiu, director of NAR’s quantitative and commercial research. It also includes market and transaction data collected from CCIM members that illustrate transaction trends across the U.S.
While the economy poses good news and bad news scenarios for sustained recovery, consumer confidence continues to improve, businesses continue to expand, and the housing market continues its upward trajectory. Those factors make commercial real estate appealing to investors.
Source: CCIM Institute September 2013