Thursday, August 2, 2012

Commercial Real Estate Market Survey

2012.Q1 NAR Survey Highlights

Commercial markets recorded signs of stabilization during the quarter.
• Sales volume rose eight percent from a year ago.
• Sales prices declined nine percent on a year -over-year basis.
• Leasing activity advanced one percent from the previous quarter.
• Rental rates declined four percent compared with the previous quarter.
• Financing remains the top of current challenges followed closely by pricing.

Sales Volume Compared with Previous Quarter (Ohio)

Sale volume is down between -19% to 0%

Sales Prices Compared with Previous Quarter (Ohio)

Sales prices is down between - 35% to -25%

Sales Volume Compared with Previous Year (Ohio)

Sale volume is up between 1% to 25%.

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