Graph and download economic data for Commercial Real Estate Prices for United States (COMREPUSQ159N) from Q1 2005 to Q3 2024 about real estate, commercial, rate, and USA.

Commercial property prices in the U.S. plateaued in 2024 after declining in 2023. Between 2014 and 2021, commercial real estate prices nearly doubled, with the index reaching 208.5 index points. Following a slowdown in the market, the index declined, falling to 181.7 index points. Despite the correction, this indicated an increase of almost 80 percent in prices since 2010, which was the baseline year for the index. How have prices of different property types developed over the past years? After more than a decade of uninterrupted growth, office real estate prices started to decline in 2022, reflecting a decline in occupier demand and a tougher lending environment. Industrial real estate prices, which have grown rapidly over the past few years, also experienced a correction in late 2022. Retail real estate prices displayed most resilience amid the difficult economic environment, with the equal weighed repeat sales index remaining stable. How much is invested in new commercial properties? The value of commercial real estate construction has been on the rise since 2010 in the United States. This trend mirrors the recovery seen across all economic sectors after the 2007-2009 recession. However, investment volumes in commercial property vary by type, with private office space, warehouses, and retails reading the pack.

In 2024, the estimated value of the global commercial real estate market was over 38.5 trillion U.S. dollars, up from 36.7 trillion U.S. dollars the year before. The North America region had the largest market size, valued at over 13 trillion U.S. dollars, slightly higher than Asia-Pacific and Europe, Middle East, and Africa (EMEA). What is the market size of listed commercial real estate? The listed real estate market comprises real estate companies that are traded on stock exchanges and varies across different regions. In 2023, the size of the listed real estate market was about 3.2 trillion U.S. dollars, with the North America region comprising the largest share. Which real estate sector is most popular for investment? Real estate has earned itself a good name as an investment vehicle among Ultra-High-Net-Worth Individuals (UHNWIs). In 2024, some of the real estate sectors increasingly attracting UHNWI’s interest were healthcare and education properties.

The US Commercial Property/Real Estate file has 30 million+ non-residential properties which include property characteristics, site details, purchase details, tax details, and ownership information.

The commercial real estate leasing market in the United States declined in 2023, but remained above the levels before the COVID-19 pandemic. In 2023, the estimated market size measured approximately 255.5 billion U.S. dollars. In 2022, some of the real estate brokerage companies that leased the most commercial space included CBRE, Cushman & Wakefield, and Newmark.

The report covers Commercial Real Estate Market Size and is segmented by Type (Offices, Retail, Industrial and Logistics, Multi-family, and Hospitality) and by Geography (Asia-Pacific, North America, Europe, Middle-East and Africa, and Latin America). The report offers market size and forecasts for the commercial real estate market in value (USD billion) for all the above segments.

Commercial valuation data collected and maintained by the Cook County Assessor's Office, from 2021 to present. The office uses this data primarily for valuation and reporting. This dataset consolidates the individual Excel workbooks available on the Assessor's website into a single shared format. Properties are valued using similar valuation methods within each model group, per township, per year (in the year the township is reassessed). This dataset has been cleaned minimally, only enough to fit the source Excel workbooks together - because models are updated for each township in the year it is reassessed, users should expect inconsistencies within columns across time and townships. When working with Parcel Index Numbers (PINs) make sure to zero-pad them to 14 digits. Some datasets may lose leading zeros for PINs when downloaded. This data is property-level. Each 14-digit key PIN represents one commercial property. Commercial properties can and often do encompass multiple PINs. Additional notes: Current property class codes, their levels of assessment, and descriptions can be found on the Assessor's website. Note that class codes details can change across time. Data will be updated yearly, once the Assessor has finished mailing first pass values. If users need more up-to-date information they can access it through the Assessor's website. The Assessor's Office reassesses roughly one third of the county (a triad) each year. For commercial valuations, this means each year of data only contain the triad that was reassessed that year. Which triads and their constituent townships have been reassessed recently as well the year of their reassessment can be found in the Assessor's assessment calendar. One KeyPIN is one Commercial Entity. Each KeyPIN (entity) can be comprised of one single PIN (parcel), or multiple PINs as designated in the pins column. Additionally, each KeyPIN might have multiple rows if it is associated with different class codes or model groups. This can occur because many of Cook County's parcels have multiple class codes associated with them if they have multiple uses (such as residential and commercial). Users should not expect this data to be unique by any combination of available columns. Commercial properties are calculated by first determining a property’s use (office, retail, apartments, industrial, etc.), then the property is grouped with similar or like-kind property types. Next, income generated by the property such as rent or incidental income streams like parking or advertising signage is examined. Next, market-level vacancy based on location and property type is examined. In addition, new construction that has not yet been leased is also considered. Finally, expenses such as property taxes, insurance, repair and maintenance costs, property management fees, and service expenditures for professional services are examined. Once a snapshot of a property’s income statement is captured based on market data, a standard valuation metric called a “capitalization rate” to convert income to value is applied. This data was used to produce initial valuations mailed to property owners. It does not incorporate any subsequent changes to a property’s class, characteristics, valuation, or assessed value from appeals.Township codes can be found in the legend of this map. For more information on the sourcing of attached data and the preparation of this datase

SafeGraph Places provides baseline location information for every record in the SafeGraph product suite via the Places schema and polygon information when applicable via the Geometry schema. The current scope of a place is defined as any location humans can visit with the exception of single-family homes. This definition encompasses a diverse set of places ranging from restaurants, grocery stores, and malls; to parks, hospitals, museums, offices, and industrial parks. Premium sets of Places include apartment buildings, Parking Lots, and Point POIs (such as ATMs or transit stations).

SafeGraph Places is a point of interest (POI) data offering with varying coverage and properties depending on the country. Note that address conventions and formatting vary across countries. SafeGraph has coalesced these fields into the Places schema.

SafeGraph provides clean and accurate geospatial datasets on 51M+ physical places/points of interest (POI) globally. Hundreds of industry leaders like Mapbox, Verizon, Clear Channel, and Esri already rely on SafeGraph POI data to unlock business insights and drive innovation.

During the considered period, the commercial property price index in Portugal reached its lowest value in 2013 at *****. From then on, this index continuously rose, reaching ****** in 2024. This value was the highest during the period considered, with the base year 2015 equaling 100.

Commercial Real Estate Prices for United States was -10.47280 % Chg. from Yr. Ago in July of 2024, according to the United States Federal Reserve. Historically, Commercial Real Estate Prices for United States reached a record high of 15.91993 in April of 2006 and a record low of -30.40094 in October of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Commercial Real Estate Prices for United States - last updated from the United States Federal Reserve on May of 2025.

The Commercial Property Management Market in Europe Report is Segmented by Type (Office, Retail, Industrial, Logistics, Multi-Family, and Hospitality) and by Country (the United Kingdom, Germany, France, Russia, and Rest of Europe). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

The global commercial real estate market size reached USD 7.5 Trillion in 2024. Looking forward, IMARC Group expects the market to reach USD 9.8 Trillion by 2033, exhibiting a growth rate (CAGR) of 3.08% during 2025-2033. The market is primarily driven by the favorable economic conditions, the emerging trend of urbanization, the rising middle class, the ongoing technological advancements, and the expanding tourism and hospitality sectors.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country level for 2025-2033. Our report has categorized the market based on type and end use.

The Commercial Real Estate (CRE) industry is exhibiting significant variations across markets, with persistently high office vacancy rates juxtaposed against thriving prime office spaces. Hard hit by the widespread adoption of remote and hybrid work models, the overall office vacancy rate rose to 20.4% in Q4 2024 from the pre-pandemic rate of 16.8%. However, leasing volumes for prime office spaces are set to climb, providing opportunities for seasoned investors. On the other hand, the multifamily sector is gaining from a prominent move towards renting, primarily driven by housing affordability concerns and changing lifestyle preferences. This has increased demand for multifamily properties and opportunities to convert underutilized properties, such as offices, into residential rentals. The industrial real estate segment is also evolving, with the boom in e-commerce necessitating the development of strategically located warehouses for quick fulfillment and last-mile delivery. Industry revenue has gained at a CAGR of 0.8% to reach $1.4 trillion through the end of 2025, including a 0.4% climb in 2025 alone. The industry is grappling with multiple challenges, including high interest rates, wide buyer-seller expectation gaps and significant disparities in demand across different geographies and asset types. The Federal Reserve's persistent high-interest-rate environment creates refinancing hurdles for properties purchased during the low-rate period of 2020-2021. Because of remote working trends, office delinquency rates are predicted to climb from 11.0% in late 2024 to 14.0% by 2026, leading to a job market increasingly concentrated in certain urban centers. Through the end of 2030, the CRE industry is expected to stabilize as the construction pipeline shrinks, reducing new supply and, in turn, rebalancing supply and demand dynamics. With this adjustment, occupancy rates are likely to improve, and rents may observe gradual growth. The data center segment is set to witness accelerating demand propelled by the rapid expansion of artificial intelligence, cloud computing and the Internet of Things. Likewise, mixed-use properties are poised to gain popularity, driven by the growing appeal of flexible spaces that accommodate diverse businesses and residents. This new demand, coupled with the retiring baby boomer generation's preference for leisure-centric locales, is expected to push the transformation of traditional shopping plazas towards destination centers, offering continued opportunities for savvy CRE investors. Industry revenue will expand at a CAGR of 1.9% to reach $1.6 trillion in 2030.

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Commercial Real Estate Market Size 2025-2029

The commercial real estate market size is forecast to increase by USD 427.3 billion, at a CAGR of 4.6% between 2024 and 2029.

The market is experiencing significant growth, driven by increasing marketing initiatives and the rising emphasis on remote work and online shopping. This trend is transforming the landscape of traditional office spaces and retail sectors. The office market is evolving, with a shift towards flexible workspaces and co-working solutions, as businesses adapt to the changing work environment. Simultaneously, the retail sector is undergoing a digital revolution, with e-commerce platforms increasingly dominating consumer behavior. Meanwhile, remote work and online shopping are posing challenges for the commercial real estate sector. The shift to remote work is causing a decline in demand for traditional office spaces, while the rise of e-commerce is impacting brick-and-mortar retail stores.
These challenges necessitate innovative solutions for businesses looking to capitalize on the market's potential. For instance, commercial property owners can consider repurposing office spaces into co-working hubs or data centers to cater to the growing demand for flexible workspaces and digital infrastructure. Similarly, retailers can explore omnichannel strategies, integrating both online and offline channels to offer seamless shopping experiences and reach a wider audience. In conclusion, the market is undergoing a period of transformation, driven by marketing initiatives, the rise of remote work, and online shopping. While these trends present challenges, they also offer opportunities for businesses to innovate and adapt to the changing market dynamics.
By repurposing commercial spaces and exploring omnichannel strategies, businesses can effectively navigate the evolving landscape and capitalize on the market's potential.

What will be the Size of the Commercial Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market dynamics shaping various sectors. Rent growth and market absorption remain key indicators of market health, influencing commercial mortgages and property values. real estate agents play a crucial role in lease administration, tenant screening, and property management. Flexible office solutions and smart building technology are transforming office buildings, while building codes and zoning regulations guide construction financing and property development. Property values are influenced by due diligence, economic development, net operating income, and return on investment. Industrial properties, multifamily housing, co-working spaces, and retail spaces each face unique challenges and opportunities. Energy efficiency, green building standards, and accessibility standards are essential considerations for property managers and developers.

Capitalization rates, environmental regulations, and urban planning are integral components of investment strategies. Building automation and data analytics are revolutionizing property management, offering remote capabilities and enhanced efficiency. Virtual tours and exit strategies are essential tools for investors and property managers. Property taxes and escrow services are critical elements of the transaction process. Market research provides valuable insights into emerging trends and patterns, informing investment decisions and guiding property management strategies. Continuous adaptation to these evolving market dynamics is essential for success in the commercial real estate industry.

How is this Commercial Real Estate Industry segmented?

The commercial real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Offices
  Retail
  Leisure
  Others


Channel

  Rental
  Lease
  Sales


Transaction Type

  Commercial Leasing
  Property Sales
  Property Management


Service Type

  Brokerage Services
  Property Development
  Valuation Consulting
  Facilities Management


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

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By End-user Insights

The offices segment is estimated to witness significant growth during the forecast period.

The market in the US is experiencing dynamic growth, particularly in the office segment. This trend is driven by shifting work practices and corporate needs, with

The Report Covers Mexico's Commercial Real Estate Market Trends & Size, and It is Segmented by Type (office, Retail, Industrial, Logistics, Multi-Family, and Hospitality). The Market Size and Forecasts for Mexico's Commercial Real Estate Market are Provided in Terms of Value (USD) for all the Above Segments.

About this itemInteractive map showing commercial properties for sale or lease in Burnsville. A creative use of ESRI's ops dashboard to provide users with detailed commercial property information and easy/flexible filtering tools. Includes a link for sellers to add their property to the map for free. The dashboard has almost 5,000 views in 3 years. Author/ContributorMatt TaranOrganizationCity of BurnsvilleOrg Websitewww.burnsvillemn.gov

The Report Covers US Commercial Real Estate Industry Trends & Statistics and it is Segmented by Type (Office, Retail, Industrial, Logistics, Hospitality, and Multi-family) and by key city (New York, Chicago, Los Angeles, San Francisco, Boston, Denver, Houston, Phoenix, Atlanta, and Salt Lake City). The market size and forecasts are provided in terms of value (USD billion) for all the above segments.

The Global Commercial Real Estate industry has declined over the past five years. Specifically, investor confidence slightly declined over the same period as COVID-19 severely constricted demand. As a result, industry revenue is expected to slightly decline an annualized 2.5% to $4.3 trillion over the five years to 2023, including an anticipated increase of 1.6% in 2023 as the economy recovers from the coronavirus pandemic.The growth of a country's economy tends to boost industry revenue since business expansions and higher consumer spending often creates demand for industry services, such as office leasing, sales and brokerage services. The strong expansion of Asian economies through investments and increasing consumer spending have aided revenue growth over much of the current period. However, this industry is dominated by developed economies and, consequently, the global industry's direction is swayed by these regions' economic performance. Political tensions in these markets have affected the level of investment since investors can be discouraged when uncertainty in economic outlooks rises. As a result, the industry is susceptible to turmoil that has a global reach, such as trade conflicts and pandemics. This has contributed to a slight revenue decline during the current period. Consequently, the average industry profit margin has narrowed due to the coronavirus pandemic. More specifically, in 2020, the average industry profit margin, measured as earnings before interest and taxes, dipped to 6.8% in 2023.The industry will rebound over the next five years as investor uncertainty shrinks as the threat of the coronavirus pandemic wanes. Increasing aggregate private investment and consumer spending will drive industry revenue growth as they fuel the expansion of business and retail operations. The global commercial real estate market will increasingly shift investments toward burgeoning countries, such as India and China, where consistent growth will likely be apparent over the coming years. Overall, industry revenue is forecast to grow an annualized 1.3% to $4.6 trillion over the five years to 2028.

Since the first quarter of 2020, the commercial property demand index in Indonesia has been experiencing an increase, reaching its highest value of 104.22 index points by the second quarter of 2024. The demand for the commercial property market is expected to be driven by Indonesia’s increasing number of retailers and foreign investments.

The Commercial Building Inventories provide modeled data on commercial building type, vintage, and area for each U.S. city and county. Please note this data is modeled and more precise data may be available through county assessors or other sources. Commercial building stock data is estimated using CoStar Realty Information, Inc. building stock data. This data is part of a suite of state and local energy profile data available at the "State and Local Energy Profile Data Suite" link below and builds on Cities-LEAP energy modeling, available at the "EERE Cities-LEAP Page" link below. Examples of how to use the data to inform energy planning can be found at the "Example Uses" link below.