Commercial Property Price Index: October, 2024

Price Appreciation Expected to Slow

Newport Beach, CA, November 6, 2024 — The Green Street Commercial Property Price Index® was unchanged in October. The all-property index has increased 3% this year.

“Property appreciation was set to accelerate, but then medium-term interest rates turned higher,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “If bond yields stay at current levels, I wouldn’t expect real estate prices to increase much.”