Wednesday, July 3, 2019

CRE Property Prices Still Reaching for the Peak

NREI
Ten years into this expansion cycle and properties are continuing to post impressive price growth.

Property price growth rose 1.1 percent in May from April, the biggest monthly increase since early 2015, according to the latest U.S. National All-Property Index tracked by research firm Real Capital Analytics (RCA). Year-over-year pricing growth jumped to 7.2 percent. In fact, the RCA Index shows that pricing is still moving up across all four of the core property sectors. Industrial is leading with year-over-year growth of 11.8 percent, while retail is trailing with a 3.1 percent average increase in pricing.. . . more