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Commercial Real Estate is showing signs of improvement in January, but not rebounding to a strong recovery. YOY sales volume was down 11%, while YOY prices saw a reduction of 4.7% in the Month of January 2024. The Retail sector lead the way in volume and an impressive 116% increase YOY. However, a portfolio sale was the reason for this sudden and rare volume increase. Office continues to lag compared to the big three; Retail, Industrial and Apartments.
