Commercial RE Prices Up 7% In January
The US National All-Property Index charted a 7 percent gain year-over-year during the first month of 2020.
The industrial sector led the pack of all property types at 10.7 percent, although the rate of growth has slowed a bit since mid 2019. On the other hand, apartment prices have been still seeing some modest acceleration.
However, the aggregate of all US commercial investing slipped from a year earlier, according to the latest addition of US Capital Trends. Overall deal volume was off 4 percent. The biggest loser was hotel sales with a surprising drop of 51 percent, year-over-year.