US commercial real estate transaction volume started the year with a whimper. A new report from Real Capital Analytics shows a 58% decrease in year-over-year transaction volume in January.
The fumble comes on the heels of record activity in December, when transactions volumes increased 8% year-over-year. January experienced similar declines to the second and third quarters of 2020, which directly followed the onset of the pandemic.
Read more...CRE Transactions Retreat in January After Closing 2020 with a Bang via GlobeSt