Fed districts report vacancy rates continued to fall, rents rose, and the outlook was generally positive.
Fed Beige Book shows growing strength in real estate and residential activity.
Though a little weaker than residential real estate, reports on sales and leasing of nonresidential real estate are still mostly positive.
Commercial real estate activity continued to improve across most of the 12 Federal Reserve Board districts.
Fed Beige Book says lenders in several major cities experiencing stronger demand for loans compared to previous months.
The Federal Reserve Board said commercial real estate market conditions have held steady or improved in nearly all 12 of its districts in recent weeks.
Competitive loan pricing and a decline in loan delinquencies have helped create more demand for commercial real estate loans.
With just a few weeks left in 2011, it may not be a shocking development that the commercial real estate sector will end the year in a state of stagnation.
Beige Book shows commercial real estate recovery in some parts of the country.