A brand new report from Actual Capital Analytics (RCA) stated that multifamily property costs rose 23.6 % year-over-year In December. That is the fourth month in a row the place the annual improve within the condominium value index set a report for RCA’s knowledge set, which works again to 2001.
Actual Capital Analytics tracks an metric they name the Industrial Property Value Index (CPPI). The index is computed primarily based on the resale costs of properties whose earlier gross sales costs and gross sales dates are recognized. The index represents the relative change within the value of property