A recent report from CoStar indicates that multifamily property prices are maintaining steady growth on a year-over-year basis.
The CoStar report focuses on a relative measure of property prices called the CoStar Commercial Repeat Sales Index (CCRSI). The index is computed based on the resale of properties whose earlier sales prices and sales dates are known. The index represents the relative change in the price of property over time rather than its absolute price.
Read more...CoStar reports rising multifamily property prices via Yield PRO