Mr. Jaime Bassett reports

ALTUS GROUP RELEASES Q2 2026 U.S. INVESTMENT & TRANSACTIONS QUARTERLY REPORT

Altus Group Ltd. today released its CRE investment and transactions quarterly report, covering United States transaction activity for Q2 2026.

This past quarter, United States commercial real estate market transaction dollar volume rose 11.3 per cent from the prior quarter and 9.4 per cent year over year. Trailing four-quarter transaction volume increased by 16.3 per cent from the year prior. While the number of property transactions rose 6.7 per cent from the prior quarter, it remained relatively flat year over year. A total of 57.4 per cent of all transacted dollars came from deals exceeding $10-million.

Industrial was the standout property sector in Q2: on a year-over-year basis, median price per square foot rose 13.2 per cent, median deal size climbed 18.4 per cent and total dollars invested increased 26.0 per cent compared with Q2 2025.

The multifamily sector saw median price per square foot trail the overall growth in price per square foot across all CRE types by 1.2 percentage points, and although median deal size rose 10.9 per cent, in line with sectors like office and hospitality, total dollars transacted fell 11.9 per cent year over year.

"The most encouraging signal in the Q2 2026 data is that core activity measures -- dollars transacted, square footage and the number of properties changing hands -- all moved in a positive direction," said Cole Perry, associate director of research at Altus Group. "Dollars transacted rose 9.4 per cent year over year and square footage increased 4.4 per cent, while the number of properties sold remained stable, indicating investors are deploying more capital. But the composition tells an interesting story where industrial is the standout again, overtaking multifamily as the largest share of invested dollars this quarter and accounting for more than a third of all square footage traded for the first time in nearly two years."

Altus Group's transaction data analysis stands out from other industry reports by covering a broader range of transaction activity and segmenting the data at a very granular level. This quarterly report offers a comprehensive overview of national commercial sale transactions across major property sectors, focusing on transaction volume, pricing and pacing, with further insights by property subtype. While other reports tend to focus on large transactions, this report takes a broader view of the market capturing single-asset transactions exceeding $100,000 in sale value.

About Altus Group Ltd.

Altus Group is a leading provider of commercial real estate (CRE) intelligence, anchored by Argus -- the industry's go-to software for valuation and performance analytics. For more than two decades, Altus has played a vital role in empowering CRE professionals with the analytics and trusted advice they need to make high-stakes decisions with confidence. The world's CRE leaders rely on the company's market-leading solutions and expertise to drive performance and manage risk. The company's people around the world are making a lasting impact on an industry undergoing unprecedented change -- helping shape the cities where we live, work and build thriving communities.