The National Association of Realtors has released its quarterly commercial real estate forecast, finding that commercial real estate price growth in large markets is expected to flatten over the next year, but strong leasing demand and investor appetite in smaller markets should keep the sector on solid ground.
Chief Economist Lawrence Yun said that although inventory shortages are driving prices higher in most markets, shrinking cap rates and the higher interest rate environment are expected to lead to a plateau in price growth over the next year.
Read on to learn more from the association’s quarterly report.
TO READ THE FULL STORY
Cover Story: