US commercial property prices grew 7.3% year-over-year in December, according to the latest RCA CPPI: US summary report.

But if you dig a little deeper, you’ll see that apartment and industrial drove the gains. The industrial sector, which posted the largest annual increase of any property type, grew 0.6% in December and rose 8.8% year-over-year. The pace of growth in the sector declined modestly from previous months. Prices increased 0.9% for apartments in December, while annual gains hit 8.3%.

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