Avison Young：2025年第一季度美国房地产投资销售市场报告（英文版）（16页）.pdf

1、Page 1U.S.Capital Markets Group|U.S.Investment Sales ReportU.S.investment sales reportQ1 2025Page 2U.S.Capital Markets Group|U.S.Investment Sales ReportInvestment sales summaryMajor markets are leading the investment sales recovery.Heres a snapshot of whats happening in select,major growth markets a

2、cross the U.S.U.S.investment sales reportQ1 2025$0$200$400$600$80020182019202020212022202320242025(Annualized)ApartmentDev SiteIndustrialOfficeRetailTotal U.S.dollar volume by asset classBillionsTo fully understand the current state of the investment sales market in the United States,Avison Youngs U

3、S Investment Sales group has selected twelve key growth markets,in addition to the United States as a whole,to monitor various sales trends across five different property types.The U.S.investment sales market had relatively active first quarter,showing signs of resilience despite ongoing market unce

4、rtainties.For the first quarter of 2025,the U.S.investment sales market recorded 5,029 transactions valued at$73.2 billion in total dollar volume.2025 is on pace to see a 20.1%and 25.1%decrease compared to 2024,respectively.While investment sales notoriously start off the beginning of the year slow,

5、there are signs that the U.S.market is poised to build as the year progresses.However,it has remained to be seen how the ambiguity of tariffs will affect the investment sales market later in 2025.010,00020,00030,00040,00050,00020182019202020212022202320242025(Annualized)ApartmentDev SiteIndustrialOf

6、ficeRetailNumber of sales by asset class#of Sales231161 112 237 172 144 140 98 63 68 40 65 050100150200250$0$1$2$3$4$5$6BillionsVolume and Sales by MarketDollar Volume#of SalesPage 3 U.S.Capital Markets Group|U.S.Investment Sales ReportInvestment sales summaryNew YorkMarket spotlight|Q1 2025Market s