Commercial Real Estate Sees Double-digit Price Growth in August, Report Shows

Originally published on October 7, 2021, by Michael Tucker for MBA Newslink.

Real Capital Analytics, New York, reported all four major commercial real estate types posted double-digit annual price growth in August.

The RCA All-Property Index rose 1.5 percent during the month, yielding a 13.5 percent year-over-year increase, RCA Senior Analyst Shane Omundsen said.

Apartment asset prices posted a 14.7 percent annual gain, the fastest annual growth rate since before the Great Recession. Prices for the sector increased 1.6 percent from July, RCA reported.

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