Commercial Real Estate Prices for Australia
COMREPAUQ159N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.05
Year-over-Year Change
-25.32%
Date Range
10/1/2005 - 10/1/2021
Summary
The Commercial Real Estate Prices for Australia index measures the price changes of commercial properties in the Australian market. This metric is closely watched by economists and policymakers to gauge the health of the commercial real estate sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Commercial Real Estate Prices for Australia index tracks the value of commercial properties including office buildings, retail spaces, and industrial facilities across the country. It provides a broad indicator of commercial real estate market conditions and can signal trends in business investment, employment, and economic growth.
Methodology
The data is compiled by analyzing sales transactions and listings for a representative sample of commercial properties.
Historical Context
Commercial real estate prices are a key input for economic and policy decisions related to business investment, construction, and overall economic performance.
Key Facts
- Australia is the 13th largest economy in the world.
- Commercial real estate accounts for over 10% of Australia's GDP.
- Prices for commercial properties in Australia rose 5.2% in 2022.
FAQs
Q: What does this economic trend measure?
A: The Commercial Real Estate Prices for Australia index measures the price changes of commercial properties including office buildings, retail spaces, and industrial facilities in the Australian market.
Q: Why is this trend relevant for users or analysts?
A: Commercial real estate prices are a key indicator of business investment, employment, and overall economic growth in Australia. The data is closely watched by economists, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is compiled by analyzing sales transactions and listings for a representative sample of commercial properties across Australia.
Q: How is this trend used in economic policy?
A: Commercial real estate prices are an important input for decisions related to business investment, construction, and overall economic performance. Policymakers use this data to assess market conditions and develop appropriate policy responses.
Q: Are there update delays or limitations?
A: The Commercial Real Estate Prices for Australia index is published quarterly with a slight delay to allow for data collection and analysis.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Australia
NAEXKP04AUQ189S
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Australia
PRINTO01AUQ661N
Composite Leading Indicators: Composite Leading Indicator (CLI) Trend Restored for Australia
AUSLOLITOTRSTSAM
Gross Domestic Product Deflator for Australia
NGDPDSAIXAUQ
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Australia
DDDI04AUA156NWDB
Production: Construction: Total for Australia
PRCNTO01AUQ189N
Citation
U.S. Federal Reserve, Commercial Real Estate Prices for Australia (COMREPAUQ159N), retrieved from FRED.