Property Prices Increase 2% in 2025

Newport Beach, CA, January 7, 2026 — The Green Street Commercial Property Price Index® decreased 0.1% in December. Over the past twelve months, the all-property index has increased 2.3%.

“Property prices increased 2% last year, and that’s about where I’d set the line for ’26,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “Real estate is fairly valued versus corporate bonds, so unless medium-to-long-term interest rates move downward it’s unlikely we’ll see much price appreciation this year.”