Welcome to the Alabama Commercial Real Estate Index™ (AL CREI™). The AL CREI™ measures commercial real estate expectations for the upcoming quarter gathered from a broad group of professionals working in commercial real estate and related fields. Eight key indicators create a composite index of overall market conditions and an outlook for specific property types. Through the survey, panelists can take the pulse of the state’s commercial real estate market as well as compare their own forecasts to those of their peers.
Click the “Register for the Survey” button below to register as a Commercial Real Estate Index (CREI) panelist. Once registered, you will receive an email once a quarter to participate. If you are a returning participant, you do not need to re-register.
For any questions regarding the survey, please contact Stuart Norton at tsnorton@ua.edu or (205) 348-5416.
The Alabama Commercial Real Estate Index™ (AL CREI™) is a quarterly survey of commercial brokers, developers, property managers, investors, lenders, and other industry professionals to gauge expectations for the upcoming quarter. An index value of 50 indicates a neutral outlook; values below 50 suggest a contractionary outlook, while values above 50 reflect expansionary expectations.
The AL CREI™ recorded a value of 47.7 in the Q3 2026 survey, representing a 3.2 point decrease from the previous quarter and signaling shift to an outlook of contracting market activity among Alabama’s commercial real estate professionals. All four components, the Alabama Market Outlook, U.S. Market Outlook, Interest Rates, and Construction Costs, declined from Q2 2026. Interest Rates experienced the largest decrease, falling 5.8 points, while Construction Costs remained the lowest rated component at 35.5 despite only a modest 1.5 point decline. Overall, the results indicate that commercial real estate professionals across Alabama are mildly confident in contracting market activity in Q3, while they were mildly confident in expanding market activity in Q2 2026
