Search
 

NAR Index Shows Commercial Growth Leveling Off

WASHINGTON, DC-Growth rates are holding steady at very high levels after seven consecutive quarters of upward growth.

By Erika Morphy | Updated on February 22, 2007

WASHINGTON, DC-The latest National Association of Realtors’ Commercial Leading Indicator for Brokerage Activity shows that while there is little headroom in the market for additional growth activity remains very robust. The Index has increased for seven consecutive quarters and is currently holding at the highest level on record, NAR reports.

The Index rose 0.1% in Q4 to 120.1, from 120.0 in the previous quarter. It is 1.8% above the 118.1 that registered the same time period last year.

“Growth is leveling off,” Scott MacIntosh, senior economist tells GlobeSt.com. “The good news is it is not declining so we will still see fairly good absorption this year.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.