Commercial Real Estate Investment Increases by 10% Year-over-Year in Q2 By: CBRE Research

U.S. commercial real estate investment volume rose by 10% year–over–year in Q2 2022 to $167 billion.
Multifamily was the leading sector with $78 billion in Q2 volume, followed by industrial & logistics with $32 billion and office with $24 billion.
On a trailing–four–quarter basis, New York was the top market with $67 billion in volume, followed by Los Angeles with $65 billion.
Phoenix came in sixth for Industrial investments.
Institutional investors were net buyers in Q2 2022, while private investors, REITs and cross–border investors were net sellers.
Inbound cross–border investment increased by 16% year–over–year in Q2 but was down by 9% from Q1 due to the strengthening U.S. dollar.

U.S. commercial real estate investment volume increased by 10% year–over–year in Q2 to $167 billion.
Trailing four–quarter volume totaled a record $881 billion.
Entity–level transaction volume fell by 17% year–over–year in Q2, largely due to higher borrowing costs.
Portfolio transaction volume increased by 31% year–over–year.

Multifamily remained the most preferred commercial real estate sector for investment in Q2, with a 32% year–over–year increase in volume to $78 billion.
Industrial was the second most–preferred sector with $32 billion, down by 1% from a year ago.
Office investment volume fell by 9% year–over–year in Q2 to $24 billion, followed by retail with a 41% increase to $21 billion.

New York was the top market for total investment volume over the past four quarters, reaching $67 billion.
Los Angeles had the second highest total of $65 billion, followed by Dallas with $50 billion.
Houston had the biggest year–over–year increase in trailing–four–quarter volume at 150%

For full report go to CBRE Commercial Real Estate Investment Study.