The capital markets got off to a rocky start in 2016. Global uncertainty stoked fears that the economic expansion was coming to an end which weighed heavily on equity and debt markets. As a result, total sales volume of signifi cant properties plunged by 25% in January and February from a year ago, and pricing in nearly every U.S. market was registering either fl at or down. Much of that anxiety has dissipated, however, and by the end of March equity prices had fully recovered and market volatility had returned to more normal levels. That, combined with a strong job market, improving leasing fundamentals, and growing rent pressures due to muted construction levels, indicate that transaction activity will accelerate going forward.
Source : Cushman & Wakefield