Pricing

All five major property segments were listless yet again in October, showing only minor changes from a month ago.

CRE prices have flatlined across the board, with all five major property segments remaining listless in September.

Despite a 0.3 percent monthly decline from July, apartment pricing has the best trend among the five major property segments.

Apartment pricing remains the strongest among property sectors, as the Ten-X Apartment Nowcast is the only one showing annual growth in excess of 1 percent, measuring 1.9 percent in July.

According to the Ten-X Commercial Real Estate Nowcast, the All-Property Index dropped 0.2 percent month-over-month in June, leaving it flat compared to one year ago.

The Ten-X Commercial All-Property Nowcast fell 0.2 percent from the month prior, bringing the annual growth rate to just 0.4 percent.

The Ten-X Commercial Apartment Nowcast posted the strongest results of the major real estate categories, increasing 0.5 percent and building on March’s 0.4 percent gain.

The Ten-X Commercial All Property Index increased 0.2 percent from February, but the year-over-year momentum in price continued to slow, to 1 percent.

Office properties are the standout asset category, posting a 5 percent year-over-year gain, according to the latest Ten-X Office Nowcast.