The Commercial Real Estate Metro Market Reports provide information on the multifamily, office, industrial, retail, and hotel property markets in 390 metropolitan areas or portions of these areas. The reports provide indicators on the economic and demographic conditions of a metro area (GDP growth, employment, unemployment, wage growth, domestic migration, population growth) and commercial market indicators on net absorption, vacancy rates, rent, deliveries, ongoing construction, inventory, total sales volume, transaction price, and cap rates based on CoStarĀ® market data.
NAR created a Commercial Real Estate Market Conditions Index to assess the area’s overall conditions relative to national conditions. The index is calculated as the ratio of the number of variables where a metro area’s condition is stronger compared to nationally to the total number of indicators used in calculating the index (25 if all are available). An index above 50 means market conditions are stronger than nationally, and an index below 50 means local market conditions are weaker than nationally.
Here is a list of Markets and access to the Data: HERE
Check out the Wisconsin MarketsĀ HERE