Commercial Property Price Index: July, 2024

Commercial Property Prices Recovering

Newport Beach, CA, August 6, 2024 — The Green Street Commercial Property Price Index® was unchanged in July. The all-property index has increased 1.7% this year and is now 20% below its March ’22 peak.

“The downturn in property prices appears to be behind us now, as pricing has stabilised this year,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “For most property types, values are modestly higher than they were at the beginning of the year.”