According to Altus Group’s quarterly CRE Industry Conditions & Sentiment Survey, 89% of commercial real estate respondents are anticipating transactions in the next six months. This is the highest level recorded by Altus Group. Additionally, capital availability expectations have increased across all debt sources in the third quarter, with a notable 17 percentage point rise for insurance companies.
Despite these positive trends, a majority of North American respondents still view near-term operating conditions as somewhat challenging. This sentiment was consistent with previous quarters and was shared by 69% of U.S professionals and 67% of Canadian professionals.
The survey included feedback from 437 CRE professionals representing over163 firms in both the U.S. and Canada between July11thand August6th.This data shows that there is strong interest for buying and selling within the industry despite current challenges.
