Price indices for the industrial, apartment, retail and office sectors all posted positive annual returns for the first time since the pandemic began, as the Real Capital Analytics US National All-Property Index grew by 8.4% year-over-year in April.
Unsurprisingly, the industrial sector showed the largest gains and is now up 9.4% on the year, according to RCA data. The figures are bolstered by research also released by Green Street that shows industrial rose 5% last month.
The RCA retail index grew by 1.3%, a positive sign since annual growth in the sector had been flat the month prior and weathered a calamitous 2020.
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