The number of for sale listings added to the CoStar database has dropped off markedly since the lockdown began in March, as many property owners press pause on disposals amid the heightened market volatility. Just over 400 commercial properties came to market in May, close to half the long-term average and the lowest monthly total since December 2015.
Number of commercial properties listed for sale fell to four-year low in May
Property owners have put potential sales on hold amid the pandemic – especially office owners – but there are signs of a pick-up in June
CoStar Analytics
June 16, 2020 | 12:12 P.M.
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