Commercial Real Estate to Soften, but Still on Solid Footing

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, according to the latest National Association of REALTORS® (NAR) quarterly commercial real estate forecast.
Backed by the ongoing stretch of outstanding job creation in recent years, national office vacancy rates are forecast by REALTORS® to retreat 1.1 percent to 11.9 percent over the com