As expected, investment sales volume continues to ease on a quarterly basis, with Q2 figures still above the low point of the COVID-19 pandemic. This trend indicates that volume, while soft compared to recent quarters and last year’s record high, isn’t at crisis levels. In fact, signs are emerging that the market is bottoming, and volumes will increase moving forward. There is a lag between offerings and closed transactions, so this recovery is still another quarter away. An uptick in overall listings and sales of larger portfolios bode well for the future.
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