Where Do U.S. Property Values Go From Here?

Nuances Like Sector, Geography, Quality and Risk Tolerance All Matter Commercial Property Price Index, Q2 2012 to Q2 2022, % Change

By Sector

By Geography

Southwest

171%

Apartment

200%

West

153%

Industrial

174%

Southeast

151%

Office - Sub

94%

Non-Gateway

142%

Office

93%

U.S. Overall

135%

Gateway Metros

116%

Hotel

89%

Northeast

86%

Office - CBD

89%

Midwest

82%

Retail

71%

Mid-Atlantic

77%

0% 50% 100% 150% 200%

0% 50% 100% 150% 200%

Source: Real Capital Analytics, calculations by Cushman & Wakefield Research

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