Commercial Property Price Index Report January 2026

This report presents the RCA Commercial Property Price Index (CPPI) for January 2026, detailing changes in commercial property prices across various sectors. The RCA CPPI US National All-Property Index increased by 0.3% compared to the previous year, although recent months have shown weakened price momentum, with an annualized decline of 1.3% from December. The report highlights diverging price trends among property types, with industrial assets experiencing a 3.7% increase year-over-year, driven by demand in sectors such as AI and logistics. Conversely, retail property prices fell by 1.3% from a year ago, while apartment prices saw a slight decrease of 0.1%. The report also notes variations in suburban and central business district (CBD) office prices, with suburban offices rising by 1.9% and CBD offices declining by 1.3%. The RCA CPPI methodology is based on repeat-sales transactions, providing a comprehensive view of commercial real estate price movements.