Industrial & Multifamily Price Gains are Driving Modest CPPI Increases During the Fall Months
Real estate data firm Real Capital Analytics (RCA) reported that their U.S. National All-Property Index rose by 0.2 percent in September by 1.4 percent year over year. The Costar group reported that its equal-weighted U.S. Composite Index rose by 1.4 percent during the month of September and by 2.2 percent during the third quarter of 2020. They contribute the growth was to rising sales of multifamily and industrial properties and transactions taking place in the Northeast and Western markets. The growth was fueled by sales of multifamily and industrial properties in both Northeast and Western markets.