Strong commercial property improvement in Q2 says CBRE


The office vacancy rate fell 30 basis points to 14.5%, besting Q1's 10 basis point decline, according to the latest analysis from CBRE. Top performers were those markets with exposure to tech and energy.

National industrial availability fell 30 bps to 10.8%, and retail availability fell 20 bps to 11.7%.

The apartment vacancy rate of 4.4% is 20 bps lower than a year ago, with effective rent growth remaining in the 2.5-3% range.

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