Global I Bid Intensity is nearing more normalized levels, although market conditions remain varied due to higher rates and cyclicality
Growing number of bidders have re-entered the market since late 2022
Bid frequency
Global bid intensity (2019 = 100)
130
110
110
90
105
70
101
Index, Average bids per…
100
Bid-ask spread
Bid-ask spreads in real estate markets remain widened
100 105 110
95
90
90 95
Jun-20 Dec-20 Jun-21 Dec-21 Jun-22 Dec-22 Jun-23 Dec-23 Jun-24
Index, Bid-Ask…
Source: JLL Research
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