CRE investment increases by 10% year-over-year in Q2

U.S. commercial real estate investment volume rose by 10 percent year-over-year in second quarter 2022 to $167 billion, according to CBRE.

Multifamily was the leading sector, with $78 billion in second-quarter volume, followed by industrial & logistics with $32 billion and office with $24 billion.

On a trailing-four-quarter basis, New York was the top market, with $67 billion in volume, followed by Los Angeles with $65 billion.

Institutional investors were net buyers in second quarter 2022, while private investors, REITs and cross-border investors were net sellers.

Inbound cross-border investment increased by 16 percent year-over-year in second quarter but was down by 9 percent from first quarter due to the strengthening U.S. dollar.

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