Latest posts by Randolph Taylor (see all)
- Low Unemployment Fuels Housing Demand, Favors Apartments - March 20, 2019
- Illinois Rent Control Webcast Tomorrow - March 19, 2019
- Why rent control is wrong for Chicago - March 13, 2019
The CoStar Commercial Repeat-Sale Index (CCRSI) ended this past summer much as it began, with upward momentum in pricing momentum for commercial real estate as both national composite indices advanced by a healthy margin for the 12-month period ending in August, driven by improving price conditions for smaller, lower-end properties in markets across the U.S.
The value-weighted U.S. Composite Index, which reflects larger asset sales common in core markets, advanced 3.5% in August from a year earlier while the equal-weighted U.S. Composite Index, reflecting lower-priced property sales typical in secondary and tertiary markets, rose by a solid 16.5%.