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CRE Price Indices Post First Positive Annual Returns Since Pandemic

Prices sank for CBD offices but the main office index increased owing mostly to suburban price upticks.

By Lynn Pollack | May 28, 2021 at 07:37 AM

Price indices for the industrial, apartment, retail and office sectors all posted positive annual returns for the first time since the pandemic began, as the Real Capital Analytics US National All-Property Index grew by 8.4% year-over-year in April.

Unsurprisingly, the industrial sector showed the largest gains and is now up 9.4% on the year, according to RCA data.  The figures are bolstered by research also released by Green Street that shows industrial rose 5% last month.

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