Commercial Market Outlook – Rental Rates Expected to Increase | Mount Kisco Real Estate

As the economic recovery continues in the 2 to 3 percent range rental rates are projected to increase in both the residential and commercial sectors. Commercial space completions have been below absorption, and demand for commercial space has started to increase. Based on the currently available economic forecast, a modest rent growth for the commercial sector is projected. Additional details are available here.

George Ratiu, Research Economist

George Ratiu, Research Economist, writes regular economic columns and conducts research in the areas of commercial real estate, international investments, mortgage performance and foreclosures. He produces NAR’s Commercial Real Estate Outlook and manages quantitative surveys, including the Commercial Real Estate Quarterly Market Survey.

via economistsoutlook.blogs.realtor.org

This post was last modified on March 8, 2012 1:40 pm

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.