By Jim Costello on May 13th, 2016
U.S. deal volume fell again in April, but there are indications that a turning point in the volume slide may be coming. Preliminary figures suggest a 35% YOY decline on sales of $21.7 billion. While the scale of the drop is likely to be trimmed somewhat, it does continue the trend of double-digit monthly declines.
Of note for April, however, is the fact that some high quality assets transacted in the month; earlier in 2016 there were indications that owners were holding such assets back from the market. Recent transactions of high quality assets suggest that the pricing disconnect between buyers and sellers may be fading.
Next week Real Capital Analytics publishes its US Capital Trends reports. We review deal volume and pricing in April and examine investment trends among buyer groups so far in 2016.