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New index maps where commercial real estate demand may be strongest
The National Association of Realtors’ index ties local economic conditions to projected future demand for commercial real estate.
CNBC Markets and CNBC Real Estate point to new data from the National Association of Realtors, which released an index intended to signal where commercial real estate demand could be strongest.
The index draws on factors in local economies, aiming to connect broader economic conditions in each area with expected future demand for commercial properties.
By using these local indicators, the measure is designed to help identify markets with the potential for higher commercial real estate demand going forward.