Latest posts by Randolph Taylor (see all)
- Marcus & Millichap Moved $9B Across the U.S in 2018 - May 9, 2019
- Waukegan apartments sell for $42 million - May 2, 2019
- Marcus & Millichap Arranges Sale of a 24-Unit Apartment property in Aurora, IL - April 29, 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%.