By Wyatt Avery on April 23rd, 2020
Annual growth in U.S. commercial property prices crept higher in March, with the transactions that closed in the month not yet reflecting the health crisis that has shuttered the economy, the latest RCA CPPI summary report shows. The US National All-Property Index gained 7.2% from a year ago and 0.7% from February.
Apartment property prices rose 11.0% year-over-year, the fastest rate of growth for this sector since late 2018. Price growth for offices quickened, while retail was little changed. The pace of price gains in the industrial sector eased further.
To learn more about the RCA CPPI (Commercial Property Price Indices) and to sign up for reports visit rcanalytics.com. If you are an RCA client you can access RCA CPPI and US Capital Trends reports and conduct your own pricing analysis on the RCA website.
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