CRE Sales Deal Volume Returning to 'Normal' Levels - CoStar Group

CRE Sales Deal Volume Returning to 'Normal' Levels - CoStar Group

The current transaction pace is very similar to that of the second half of 2002, with nearly identical third quarter volumes and likely comparable fourth quarter trading levels as well, according to Jones Lang LaSalle. The activity in both time frames is representative of more normalized, sustainable levels - much lower than the unprecedented lofty levels of the 2005 to 2007 boom, and much greater than the sales drought in 2009.