Search
 

Growth Rates Converging Across Sectors

IRVINE, CA—Property values continue to increase, but at slower pace as the new year progresses, says Ten-X's Peter Muoio.

By Paul Bubny | Updated on January 28, 2016

IRVINE, CA—Commercial property valuations have appreciated at the slowest pace in two years, according to Ten-X. In its latest Ten-X Commercial Real Estate Nowcast, the online real estate marketplace and GlobeSt.com Thought Leader says valuations across the five major commercial real estate sectors increased 19 basis points in January from the previous month, a sluggish pace not seen since early 2014.

“The first reading on commercial property markets in 2016 shows property values increasing, but still at a slower pace as the previously divergent growth rates of the different property segments continue to converge,” says Peter Muoio, Ten-X’s chief economist. That shouldn’t be taken to mean that the results were uniform across the board, though: Ten-X notes that valuations increased in three sectors and declined in two.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.