Source: CoStar News
By: Randyl Drummer
Date Posted: September 1, 2016
CoStar News has reported that U.S. Commercial Real Estate pricing remains strong as the real estate market heads into Q3. Due to a combination of low interest rates and the continual supply of capital, investments in CRE persisted, sparking growth in pricing.
According to CoStar’s Commercial Repeat Sale Indices (CCRSI), the “value-weighted U.S. Composite Index increased…10.1% from the prior 12-month period, propelling the index 25% above its pre-recession peak level.” However, CoStar projects a moderation in future price growth to a slight decline in deal activity.