By Jim Costello on January 30th, 2018
Investors’ hesitancy to pay up for the most expensive assets in the U.S. can be seen by tracking the number of markets that registered record high deal prices in 2017.
Looking at the top 50 markets for deal volume over the last five years, only 12 retail markets set price highs in 2017 compared with 21 out of the 50 markets in 2015. The industrial sector bucks this trend with a larger number of markets setting record high prices in 2017.
This chart first appeared in US Capital Trends on Jan. 24. If you are a current RCA subscriber log into your account to download the 2017 in Review Big Picture report and reports for the individual property types.