Transaction volume in North America was up significantly in fourth quarter 2015, year-over-year, with a total of $149 billion in sales activity for commercial properties and portfolios $10 million and greater, according to Real Capital Analytics. That is a 26 percent increase over the $118 billion in property that changed hands in fourth quarter 2014.
The greatest share of the volume during the fourth quarter — and the largest increase in volume — was recorded in the United States, where activity increased 28 percent to $141.4 billion. The full-year totals are similar, showing a 27 percent increase from $360 billion in 2014 to $458 billion in 2015.
Looking at the rest of North America, Mexico saw a 56 percent drop in fourth-quarter sales volume, from $1.7 billion to $732 million, and Canada saw a 12 percent increase, from $5.9 billion to $6.6 billion. On a full-year basis, Mexico’s volume declined 43 percent, while Canada’s volume fell 8 percent.
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