January 2016 Ten-X CRE Nowcast

| January 28, 2016

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Ten-X released the first 2016 indication of U.S. commercial real estate property values today with its January nowcast. According to the Ten-X Commercial Real Estate (CRE) Nowcast, property values continue to increase, but the slowing pace we saw in late 2015 has carried into the New Year. The nowcast provides a concurrent view of what’s happening with property values across the major segments by gauging real-time movement in Google search trends, activity on the Ten-X CRE platform and surveys of real estate professionals carried out with our partner Situs/RERC.The Ten-X All-Property Nowcast increased 0.2% in January, the slowest increase since early 2014. The recent slower pace of monthly gains resulted in a 10.9% year-over-year increase in valuations according to the nowcast, the lowest increase since early last year.

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When buying or selling a home Coastal Realty Services holds the key to your success! Having been serving the military and civilian communities for over 35 years we can lead you to your dream home on the Emerald Coast. At Coastal Realty Services, our most important asset is our associates and staff. We provide our leadership with the technology, tools and systems available to create the highest professional reputation in the industry of Real Estate. With our knowledge & teamwork, we are able to fulfill our goal of providing the best customer service in the area.

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