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 ***** index points. Following a slowdown in the market, the index declined, falling to ***** index points. Despite the correction, this indicated an increase of almost ** 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.

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 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

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.

Germany Commercial Property Market Index: 127 Cities data was reported at 127.680 1990=100 in 2019. This records an increase from the previous number of 123.710 1990=100 for 2018. Germany Commercial Property Market Index: 127 Cities data is updated yearly, averaging 101.500 1990=100 from Dec 1990 (Median) to 2019, with 30 observations. The data reached an all-time high of 127.680 1990=100 in 2019 and a record low of 93.330 1990=100 in 2004. Germany Commercial Property Market Index: 127 Cities data remains active status in CEIC and is reported by Bulwiengesa AG. The data is categorized under Global Database’s Germany – Table DE.EB004: Property Market Index.

The Commercial Real Estate Market Size Report is Segmented by Property Type (Offices, Retail, Logistics and More), by Business Model (Sales, Rental), by End-User (Individuals / Households, Corporates & SMEs and More) and by Region (North America, South America, Europe, Asia-Pacific & Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The United States, Canada, and Brazil were the largest commercial real estate markets in the Americas region in 2024. As of the last month of 2024, the value of commercial real estate in the United States was estimated at nearly **** trillion U.S. dollars. In Brazil, this figure stood at ***** billion U.S. dollars.

This dataset outlines the percent changes in median Estimated Market Values, Aggregate Estimated Market Values, and Parcel Counts of commercial properties by Location (City of Saint Paul vs suburbs) from 2022 to 2023.

The Saudi Arabia Commercial Real Estate Market is Segmented by Property Type (Office, Retail, Logistics, and More), by Business Model (Sales and Rental), by End User (Individuals / Households, Corporates and SMEs and More), and by Region (Riyadh, Jeddah, Makkah and Rest of Saudi Arabia). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

This dataset outlines the percent changes in median Estimated Market Values and Parcel counts of commercial properties from 2019 to 2020

This dataset captures the percent changes in Median Estimated Market Values of Commercial Properties and Commercial Parcel counts by Jurisdiction from 2019 to 2020

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.

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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, fueled by increasing marketing initiatives and the rising emphasis on remote work and online shopping. This trend is transforming the commercial real estate landscape, with a shift towards adaptive spaces that cater to the evolving needs of businesses and consumers. The increasing adoption of marketing strategies, such as digital marketing and experiential retail, is driving demand for commercial properties that can effectively showcase brands and create memorable customer experiences. Additionally, the shift towards remote work and online shopping is leading to a surge in demand for data centers, logistics facilities, and flexible office spaces.
However, this market is not without challenges. The rapid pace of technological advancements and changing consumer preferences pose significant obstacles for commercial real estate developers and investors. The need to adapt to these shifts and stay competitive requires a deep understanding of market trends and the ability to pivot quickly. Furthermore, regulatory changes and economic instability can also impact the market's growth trajectory. To capitalize on the opportunities and navigate the challenges effectively, companies must stay informed about the latest market trends and consumer preferences. Investing in technology and innovation, while also maintaining flexibility and adaptability, will be key to success in the evolving the market.

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 activities unfolding across various sectors. Environmental impact assessments are increasingly crucial in property development, shaping the design and construction process. Tenant representation plays a pivotal role in securing suitable spaces for businesses, while 3D modeling facilitates effective space planning and data visualization. Due diligence is an ongoing process, ensuring compliance with legal and regulatory requirements. Property tax assessments, vacancy rates, and property management are essential components of commercial real estate investment strategies. Distressed properties present opportunities for joint ventures and strategic investments, while interior design and machine learning contribute to enhancing tenant experience and optimizing building performance.

Investment properties, industrial properties, and urban planning strategies benefit from big data analytics and virtual tours, enabling informed decision-making. Commercial mortgages and brokerage services facilitate the buying and selling of properties, while occupancy costs and building codes ensure operational efficiency and safety. The market is a complex, ever-changing landscape, with continuous market dynamics shaping its various sectors. From environmental impact assessments to tenant representation, property management, and investment strategies, the integration of various components is essential for success in this dynamic 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)

By End-user Insights

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

The U.S. commercial real estate market is undergoing major shifts, particularly in the office segment, driven by flexible work models, evolving corporate needs, and technological advancements. Businesses now favor adaptable, tech-enabled spaces to attract talent, fueling demand for co-working hubs like Regus and WeWork. Industry leaders such as Google and Amazon are redefining office design to boost collaboration and satisfaction.

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The Offices segment was valued at USD 476.50 billion in 2019 and showed a gradual increase during th

global commercial real estate market size was worth around USD 118.60 trillion in 2024 and is predicted to grow to around USD 142.88 trillion by 2034, (CAGR) of roughly 1.88%

Germany Commercial Property Market Index: 127 Cities: Average City Centre Office Rent data was reported at 114.360 1990=100 in 2019. This records an increase from the previous number of 107.870 1990=100 for 2018. Germany Commercial Property Market Index: 127 Cities: Average City Centre Office Rent data is updated yearly, averaging 89.865 1990=100 from Dec 1990 (Median) to 2019, with 30 observations. The data reached an all-time high of 114.360 1990=100 in 2019 and a record low of 79.810 1990=100 in 2005. Germany Commercial Property Market Index: 127 Cities: Average City Centre Office Rent data remains active status in CEIC and is reported by Bulwiengesa AG. The data is categorized under Global Database’s Germany – Table DE.EB004: Property Market Index.

The Vietnam commercial real estate market reached approximately USD 16.61 Billion in 2024. The market is projected to grow at a CAGR of 13.80% between 2025 and 2034, reaching a value of around USD 60.51 Billion by 2034.

Commercial Property Price Index: YoY: Denpasar Municipality: Apartments data was reported at -1.846 % in Mar 2020. This records a decrease from the previous number of 5.940 % for Dec 2019. Commercial Property Price Index: YoY: Denpasar Municipality: Apartments data is updated quarterly, averaging -18.245 % from Mar 2017 (Median) to Mar 2020, with 13 observations. The data reached an all-time high of 5.940 % in Dec 2019 and a record low of -43.750 % in Mar 2018. Commercial Property Price Index: YoY: Denpasar Municipality: Apartments data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Indonesia Premium Database’s Construction and Properties Sector – Table ID.EF003: Commercial Property Price Index: YoY.

Donuka offers a simple, reliable property data solution to power innovation and create seamless business solutions for companies of all sizes. Our data covers more than 37 million properties spread out across the U.S. that can be accessed in bulk-file format or through our APIs.

We offer access to data ONLY in selected states and counties

DATA SOURCES:

1. ONLY state sources (city/county/state administration, federal agencies, ministries, etc.). We DO NOT use unverified databases
2. Over 2300 sources. We use even the smallest sources, because they contain valuable data. This allows us to provide our users with the most complete data

DATA RELEVANCE:

1. Our data is updated daily, weekly, monthly depending on the sources
2. We collect, process and store all data, regardless of their relevance. Historical data is also valuable

DATA TYPES:

1. Specifications
2. Owners
3. Permits
4. Sales
5. Inspections
6. Violations
7. Assessed values
8. Taxes
9. Risks
10. Foreclosures
11. Property Tax Liens
12. Deed Restrictions

NUMBERS:

1. 2300+ data sources in total
2. 4 billion records (listed in the "data types" block above) in total
3. 2 million new records every day

DATA USAGE:

1. Property check, investigation (even the smallest events are stored in our database)
2. Prospecting (more than 100 parameters to find the required records)
3. Tracking (our data allows us to track any changes)

Germany Commercial Property Market Index: WG: 49 Cities: Average Retail Rent: Suburban data was reported at 166.760 1975=100 in 2019. This records an increase from the previous number of 166.010 1975=100 for 2018. Germany Commercial Property Market Index: WG: 49 Cities: Average Retail Rent: Suburban data is updated yearly, averaging 143.580 1975=100 from Dec 1975 (Median) to 2019, with 45 observations. The data reached an all-time high of 192.090 1975=100 in 1993 and a record low of 100.000 1975=100 in 1975. Germany Commercial Property Market Index: WG: 49 Cities: Average Retail Rent: Suburban data remains active status in CEIC and is reported by Bulwiengesa AG. The data is categorized under Global Database’s Germany – Table DE.EB004: Property Market Index.

Commercial Property Price Index: YoY: Medan Municipality data was reported at -1.952 % in Mar 2020. This records a decrease from the previous number of -1.926 % for Dec 2019. Commercial Property Price Index: YoY: Medan Municipality data is updated quarterly, averaging 0.025 % from Mar 2017 (Median) to Mar 2020, with 13 observations. The data reached an all-time high of 0.412 % in Mar 2018 and a record low of -1.955 % in Jun 2019. Commercial Property Price Index: YoY: Medan Municipality data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Indonesia Premium Database’s Construction and Properties Sector – Table ID.EF003: Commercial Property Price Index: YoY.