What is the Commercial Real Estate Agents industry?
The past five years have been mostly favourable for the Commercial Real Estate Agents industry. Demand for office, retail and industrial property has increased strongly over the period, pushing property prices upwards and generating activity within the commercial real estate market. Additionally, record low cash rates have reduced the cost of financing, making commercial property more accessible to businesses and investors alike. However, numerous challenges have contributed to revenue volatility over the period. In particular, volatile business confidence has influenced the strength of yearly revenue growth. Industry revenue is forecast to grow at an annualised 6.7% over the five years through 2015-16, to total $1.2 billion... purchase to read more