Overall investment sales volume in the U.S. accelerated slightly through the second half of 2017, with total transaction volume equaling $463.9 billion, but still a decrease of seven percent year-over-year. The cumulative decline over the past two years has been 15 percent. This, however, is far from the precipitous drop in activity posted after the previous cycle’s peak in 2007 and total deal volume remains higher than it was in 2014.