By Jim Costello on May 16th, 2019
Global commercial property price growth continued to ease in the first quarter of 2019, adjusting down from the double-digit annual growth rates seen as recently as a year ago, the latest RCA CPPI Global Cities report shows. The slowing in price growth was not uniform across regions or cities, with the sharpest deceleration seen in the Asia Pacific region.
Price growth was still robust across several of the metro areas analyzed in the report, with three posting increases at or greater than 10% year-over-year in the first quarter. Sydney and Boston posted declines from year ago. While prices in the New York and London metros increased, prices in their central markets slipped.
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