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Commercial Real Estate Demand Index
The Commercial Real Estate Demand Index tracks economic drivers behind commercial space demand across 306 metro areas using employment, population growth, and migration data. It combines four property-type sub-indices—office, industrial, retail, and multifamily—weighted between 22% and 28%. Scores above 100 indicate stronger demand relative to other metros. The index is updated quarterly and reflects local economic conditions, not vacancy or rent levels.