All commercial property sectors in the U.S. posted annual price declines in July, according to MSCI Real Assets, as deal activity dropped to its lowest level since the start of the pandemic early 2020. The RCA CPPI National All-Property Index decreased 9.6% year-over-year and rose 0.3% from June’s figures.
Apartment properties saw a 12.2% annual decline – though this index remains 21% higher than April 2020 when COVID first impacted pricing – while retail prices fell 8
