By Real Capital Analytics on December 2nd, 2019
Price growth across leading North American metros in late 2019 is not moving at the same clip — or, indeed, direction.
Propelled by double-digit gains in Boston, Los Angeles, San Francisco and Toronto, the index of leading North American metros tracked by the RCA CPPI grew at a 6.7% annual pace in the third quarter, the same as at midyear.
New York, Chicago and DC were the laggards. The New York metro area eked out only a 0.9% gain. Prices in Chicago and DC dropped compared with a year ago and in both metros prices are below their pre-Global Financial Crisis peak levels.
Real Capital Analytics publishes a monthly report on U.S. national price trends and a quarterly report on global price trends. Sign up to receive RCA CPPI: US and RCA CPPI: Global Cities by visiting rcanalytics.com.
If you are an RCA customer you can access RCA CPPI reports and conduct your own pricing analysis on the client-only RCA website.
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