J P M O R G A N North America Equity Research 24 June 2026 Monthly U.S. CRE Transaction Report May CRE Sales (ex entity deals) -4% y/y and now painting a softer 2Q picture MSCI Real Assets (fka Real Capital Analytics) released its latest edition of U.S. Capital Trends, which includes preliminary volume and pricing data on U.S. commercial real estate transactions for May 2026. For the month, total CRE sales volume was $42.0 billion (+15% y/y vs. $36.5 billion in May 2025). There were $6.8 billion of entity d ...