Commercial Archive

Commercial Sales in REALTORS® Markets Rise 8.4 Percent in Q2.2016

Commercial real estate space is heavily concentrated in large buildings, but large buildings are a relatively small number of the overall stock of commercial buildings. In terms of inventory, commercial real estate markets are bifurcated, with the majority of...

Office Vacancies Decline in Second Quarter

The U.S. economy sputtered during the first quarter of 2016, as global economic activity throttled back and companies found financial markets’ volatility unsettling. Based on the first estimate from the Bureau of Economic Analysis, real gross domestic product (GDP)...

Rising Employment Boosts Office Space Demand

U.S. macroeconomic momentum slowed during the fourth quarter of 2015, buffeted by global economic slowdown and financial volatility. Based on the second estimate from the Bureau of Economic Analysis, real gross domestic product (GDP) rose at an annual rate...

Latest GDP (3rd Quarter 2015)

There is no consistency to be found with the GDP. After a solid showing in the second quarter, the third quarter performance fizzled. The housing sector is one of the few bright spots and consequently is holding up the...

Like-Kind Exchanges: Highlights from Illinois

Based on the latest data from the Bureau of Economic Analysis[1], the real estate industry accounted for $97.7 billion in Illinois. The figure accounted for 13.1 percent of Illinois’s Gross State Product. The figure includes real estate transactions—sales, leasing,...