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.

The Q4 2025 Survey is Now Open!

Click the “Register for the Survey” button below to register as a Residential Real Estate Index (RREI) 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.

Expansionary Forecast for CRE Markets in Q3 2025

The Alabama Commercial Real Estate Index™ (AL CREI™) is a quarterly survey of commercial brokers, developers, property managers, investors/owners, lenders, and other industry professionals to measure market expectations for the upcoming quarter. An index value of 50 indicates a neutral outlook. Scores below 50 indicate a contractionary outlook while scores above 50 indicate an expansionary outlook.

The Alabama Commercial Real Estate Index™ (AL CREI™) registered an index of 52.4 in the Q3 2025 survey, indicating mild confidence in an expansionary forecast. The index decreased slightly from Q2 as three of the four categories recorded changes of under 1 point. The Alabama Market outlook was the only category to increase in Q3, but it rose just 0.6 points. Construction costs recorded the largest decrease but fell just 2.0 points from the Q2 survey. Even though the index decreased slightly from Q2, CRE professionals across the state continue to have mild confidence in expanding CRE market activity during Q3.