PRESS ROOM
COSTAR COMMERCIAL REPEAT-SALE INDICES
CCRSI
CoStar
Peak Supply Deliveries Met Negative Absorption In The Fourth Quarter Of 2023
Negative Net Absorption Extended Its Run With Three Out Of Four Quarters Giving Back Space In 2023
CCRSI
CoStar
Commercial Real Estate Price Declines Resumed In October 2023
Higher Borrowing Costs Weighed On Asset Pricing To Start The Fouth Quarter
CCRSI
CoStar
Repeat-Sale Indices Witnessed Price Gains In The Third Quarter Of 2023
Falling Benchmark Rates During The First Half Of 2023 Boosted Quarterly Price Growth Across Most Property Types
CCRSI
CoStar
Elevated Supply Deliveries Opposed Lackluster Tenant Demand
Tenant Space Give-Backs Reach Covid-Era Thresholds
CCRSI
CoStar
The Number Of Repeat Sales Falls To Its Lowest Level Since February 2013, Excluding The Covid Era
Peak-To-Current Transaction Velocity Is Down 76% From December 2021
CCRSI
CoStar
The Equal-Weighted U.S. Composite Price Index Posts Its First Negative Annual Print Since February 2012
Annual Price Declines Seen Across Property Types and Regions, With Relative Strength Occurring in the South
CCRSI
High-Quality Assets In Primary Markets Are Taking The Brunt Of Price Declines
Slowing Absorption In 2022 Turned Negative In The First Half Of 2023 As New Supply Began To Wane
CCRSI
CoStar
Transaction Volume Slipped To Levels Last Seen In August 2020
Continued Interest Rate Hikes And A Foggy Economic Backdrop Led To A Pronounced Decline In Trade Volumes. Transaction Activity Fell To $5.3 Billion In April 2023, A 44.1% Collapse From The Prior Month.
CCRSI
CoStar
Mixed Performance In The Latest CoStar Composite Price Indices
Industrial And Retail Led Property Indices While Office And Multifamily Lagged; The South Topped Regional Index Growth
CCRSI
Prices Fall In February 2023 As Investors Digest Higher Interest Rates Alongside Further Economic Uncertainty
Transaction volume mirrors levels seen in the third quarter of 2020