The CRE markets showed growth and stability throughout the second quarter, with overall asking prices hitting record highs and posting 6.46% increases over Q1 and 27% overall gains. 

New data from Crexi shows that average occupancy on its platform grew by 3.05% in Q2, and despite some fluctuation month-to-month this growth is still indicative of a steady climb back to pre-pandemic levels. Fewer assets entered the market in Q2 than in Q1, prompting some analysts to draw comparisons to the end-of-year lull often observed at year's end. But "despite the decrease in new assets, buyer activity surged to all-time highs," according to Crexi.

Overall property-seeking actions on Crexi's platform increased 17% over Q1 and more than 89% year-over-year, and buyers performed 17.4% more buy actions in the quarter. That's 88.8% more than Q2 2020. And buy actions per user—which shows how active a property seeker is—have gone up steadily since January of this year, signaling renewed buyer confidence.