CoStar is out with their latest Commercial Repeat Sale Indices (CCRSI) showing that:
- Commercial Real Estate prices post double-digit annual gains in May
- Momentum picks up in the General Commercial segment
- Improvements in market fundamentals underpin growth in commercial property pricing
- Capital flows remain healthy
- Distress levels continue to dissipate
- See link for numbers and details-
CoStar has been tracking the indexes of repeat commercial real estate sales since 1996. Note that the Value Weighted index is driven mostly by core properties while the Equal Weighted index is mostly driven by smaller, non-core property sales.
For apartment building investors the good news is that Continue reading Apartment Building Investment Still Leads as CRE Prices Up 11% YoY in CoStar’s Repeat Sales Indexes