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Apartment Price Growth Eclipses Industrial Increases

Multifamily increases are coming in at 10.1% year-over-year.

By Lynn Pollack | June 25, 2021 at 07:23 AM

Apartment prices have overtaken industrial as the fastest-growing in May, with increases coming in at 10.1% year-over-year.  

Industrial price growth, conversely, grew by 9.5%, according to the most recent data from Real Capital Analytics. The US National All-Property Price Index increased 0.8% over April numbers and 8.9% from a year ago, while office and retail price growth clocked in at 2.9% and 2.3%, respectively.  Office growth was driven primarily by suburban properties, which showed a 4.5% year-over-year uptick compared to CBD prices, which declined 5.5% over the same period.

 

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