Investment Off to Slow Start in 2017
- May 17, 2017
U.S. investment in commercial real estate had a slower start in 2017, with all regions seeing a decline in volume for the first quarter, according to Real Capital Analytics data. While total volume in the fourth quarter of 2016 was $133.8 billion, transaction volume only hit $93.6 billion in the first quarter. The West saw the biggest dip, from $38.9 billion in volume for the fourth quarter of 2016 to $25.7 billion as of the first quarter. The slowdown in transaction volume is likely the result of investor uncertainty surrounding potential reforms under the new administration, but as policy decisions become clearer, investment will likely pick back up.