Florida is at the top of the commercial real estate market. According to the NAR Commercial Real Estate Market Conditions, Florida has 9 of the top 15 metro areas. This means Florida is the hottest market as of 2021 Q4 results. NAR’s CRE Market Conditions Index is calculated by the number of variables where a metro area’s conditions are stronger compared to a national total number of indicators. An index above 50 means market conditions are stronger nationally, and index below 50 means local market conditions are weaker nationally.
For more information regarding the top CRE markets of Q4 2021, click here.
