Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Commercial real estate sales surged 22% in 2012
Commercial real estate sales surged 22% in 2012 by AGBeat.com
Commercial real estate recovery in early stages According to this month’s CoStar Commercial Repeat Sale Indices (CCRSI), 2012 closed with record gains in sales volume and a broadening pricing recovery, maturing beyond multifamily and expanding to secondary markets.
  Although commercial real estate sales volume has been improving, the index hit $64 billion in 2012, rising 22 percent from 2011, marking the highest annual total in eight years. December activity spiked as investors rushed to close deals prior to year-end, and while CoStar is not stating any political reason, sources tellAGBeat that activity surged due to uncertainty as to what tax changes will or will not be approved.
CoStar reports a “more rapid recovery at the high end of the market for larger, more expensive properties,” as the pricing gains in the value-weighted U.S. Composite Index have been consistently stronger than pricing gains in its equal-weighted counterpart throughout the recovery.
Related: mobile usage in commercial real estate is up 61 percent.
While luxury buildings and apartments have outpaced the broader market, pricing trends indicate this may be shifting as the newest momentum is in the lower end of the market, as investors ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention