Commercial Property Price Index: December, 2024

Property Values Up 5% in 2024

Newport Beach, CA, January 7, 2025 — The Green Street Commercial Property Price Index® was unchanged in December. The all-property index increased 4.8% last year.

“Property prices increased about 5% last year,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “The outlook for this year is not as bright. The run-up in Treasury yields over the past few months is likely to cause property prices to stagnate.”