The current year is forecast to be a time of more expansion incommercial real estate, just with less of the price appreciation that brought values above 2007 levels in some markets. That’s the top-line summary of the latest edition of the annual “Expectations & Market Realities in Real Estate” report from Situs Real Estate Research Corp., Deloitte and the National Association of Realtors.
“Historically low interest rates, especially in treasuries, combined with commercial real estate’s stable prices and value make this asset an attractive investment,” says Ken Riggs, president of Situs RERC. “Looking into 2016, the commercial real estate market should moderate, which could stabilize prices.”. . . more