Commercial Real Estate Quarterly Market Survey
February 1, 2012No More Fear and Loathing of CRE Lending for Banks
February 2, 2012The dollar volume of commercial real estate sales vaulted back to longterm historical levels in 2011. CoStar Group has confirmed $291.6 billion in CRE sales in 2011, a 32% increase over the sales volume in 2010.
Last year’s volume bested the 12-year average volume of $254.2 billion. However, the 2011 dollar volume is still overshadowed by credit-bubble level of $560.5 billion in 2007.
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