December 22, 2015 Comments Off on Commercial Real Estate Slows Down in Q3 Views: 489 California News, Orange County Commercial Real Estate Slows Down in Q3

Irvine-based is seeing a slowdown in commercial real estate transaction activity, according to its third-quarter data.

The firm said that transaction volume dropped 6.5 percent across all commercial real estate sectors quarter over quarter, making it only 2.6 percent higher than the same year-ago period, and down from 24 percent higher in the second quarter’s year over year activity.

The slowdown happened as cap rates have continued lowering and prices keep increasing. Chief Economist Peter Muoio said that shifts in the U.S. economy are impacting the drop in transaction volume.

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