Sept. 19, 2006: Commercial Real Estate Market Continues to Improve
WASHINGTON - Most commercial real estate market fundamentals are solid, and large investors are pouring funds into commercial sectors, according to the latest Commercial Real Estate Outlook of the National Association of Realtors® (NAR).
David Lereah, NAR's chief economist, stated, "Commercial real estate markets move in response to changes in fundamental demand, which remains solid as a result of sustained job creation and economic growth. Except for some weakness in the retail sector, the commercial market is benefiting from lower vacancies and higher rents."