U.S. commercial property price growth slowed in November to an annualized pace not seen for more than two years, according to MSCI Real Assets. The RCA CPPI National All-Property Index rose 4.9% from a year ago and fell 0.4% from October, representing an annualized decline of 4.6%.
The industrial index maintained its spot as the leading sector for price growth, increasing 14.4% since last November. However, this marks the eighth consecutive month of declining growth rates for this property type.
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