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Apartment Site Sales Fall Nearly 40%; Office Sites Jump 246%

Avison Young’s Q3 figures distinguish transaction volume from pricing; apartment-site sales fell in both dollar volume and deal count.

CED

CRE360 Editorial Desk

Editorial Desk

Nov 1, 2026 1 min Share
Apartment Site Sales Fall Nearly 40%; Office Sites Jump 246%
Listen · CRE 360 SignalApartment Site Sales Fall Nearly 40%; Office Sites Jump 246%

CRE Daily’s October 28 report, citing Avison Young, described $143 billion of third-quarter U.S. investment sales and $389.3 billion year to date. Connect CRE covered the investment-sales recovery on October 30. These are third-quarter figures, not new November transactions.

Apartment-site sales fell nearly 40% in both dollar volume and number of deals. Office-site sales volume rose 246%. A change in transaction volume does not by itself establish a change in land prices, and the office comparison’s starting value was not disclosed in the reviewed summary.

Our read: Developers and landowners should distinguish the amount of land changing hands from its unit price. Local use, entitlement and financing conditions are needed before translating national transaction totals into an individual site valuation.

Key Takeaways

  • The reported shift concerns sales activity. It does not prove office land prices rose or establish the size of the comparison base.

CRE Daily, October 28, 2026, citing Avison Young: https://www.credaily.com/briefs/cre-investment-sales-reach-143b-in-q3-as-yields-top-5/ · Connect CRE, October 30, 2026: https://www.connectcre.com/stories/major-markets-lead-u-s-investment-sales-recovery/

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