{"id":1004208491,"date":"2018-02-27T06:08:59","date_gmt":"2018-02-27T14:08:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004208491"},"modified":"2022-12-08T22:31:18","modified_gmt":"2022-12-09T06:31:18","slug":"economy-watch-cre-prices-up-slightly-in-february","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-cre-prices-up-slightly-in-february\/","title":{"rendered":"Economy Watch: CRE Prices Up Slightly in February"},"content":{"rendered":"<p>By D.C. Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004208494\" style=\"width: 410px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Ten-X-FebruaryNowcast.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004208494\" data-attachment-id=\"1004208494\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-cre-prices-up-slightly-in-february\/ten-x-februarynowcast\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Ten-X-FebruaryNowcast.png\" data-orig-size=\"974,583\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Ten-X FebruaryNowcast\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: February 2018 Ten-X Commercial Real Estate Nowcast&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Ten-X-FebruaryNowcast.png?w=974\" class=\"wp-image-1004208494\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Ten-X-FebruaryNowcast.png\" alt=\"Source: February 2018 Ten-X Commercial Real Estate Nowcast\" width=\"400\" height=\"239\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Ten-X-FebruaryNowcast.png 974w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Ten-X-FebruaryNowcast.png?resize=300,180 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Ten-X-FebruaryNowcast.png?resize=768,460 768w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><p id=\"caption-attachment-1004208494\" class=\"wp-caption-text\">Source: February 2018 Ten-X Commercial Real Estate Nowcast<\/p><\/div>\n<p>U.S. commercial real estate investment prices rose 0.1 percent in February\u2014the first gain after nine consecutive months of contraction, according to Ten-X Commercial&#8217;s February Commercial Real Estate (CRE) Nowcast. Even with February\u2019s pricing uptick, however, the <a href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-cre-prices-edge-down-in-december\/\">Ten-X CRE Nowcast<\/a> is now just 0.4 percent higher than a year ago, the smallest annual increase since the Nowcast\u2019s inception.<\/p>\n<p>The company combines Google Trends data, Ten-X Commercial transaction data and investor surveys to calculate CRE pricing trends.<\/p>\n<h2>Sector Performance<\/h2>\n<p>The Ten-X Industrial Nowcast posted the largest increase in February, with prices rising by 1 percent. The strengthening of the industrial economy in recent months has given investors renewed confidence that demand will continue, the company posited, but threats about tariffs and other trade barriers remain a risk for the segment.<\/p>\n<p>Like industrial, pricing in the apartment sector edged up in February, according to the Ten-X Apartment Nowcast, posting a 0.4 percent increase after seven consecutive months of contraction. In the past year, apartment prices have remained essentially flat, with pricing just 0.2 percent higher than a year ago.<\/p>\n<p>The Ten-X Retail Nowcast increased 0.1 percent in February, even as the sector\u2019s headwinds, such as e-commerce and shifting consumer spending preferences, remain. The index is now a solid 6 percent above year-ago levels, far outstripping the annual gains of any other segment.<\/p>\n<p>The Ten-X Office Nowcast experienced a 0.3 percent decline in February. Office pricing is essentially unchanged since early 2017, with year-over-year gains at a measly 0.1 percent. Also, hotel prices remains weak. The Ten-X Hotel Nowcast posted its seventh decline in ten months, falling 0.4 percent in February. Hotel pricing is now 0.9 percent lower than a year ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The increase in investment prices marks the first gain after nine months of contraction, according to Ten-X&#8217;s latest Commercial Real Estate Nowcast.<\/p>\n","protected":false},"author":1023,"featured_media":1004208494,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[34746],"class_list":["post-1004208491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","tag-ten-x"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economy Watch: CRE Prices Up Slightly in February - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-cre-prices-up-slightly-in-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: CRE Prices Up Slightly in February\" \/>\n<meta property=\"og:description\" content=\"The increase in investment prices marks the first gain after nine months of contraction, according to Ten-X&#039;s latest Commercial Real Estate Nowcast.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-cre-prices-up-slightly-in-february\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-27T14:08:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T06:31:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Ten-X-FebruaryNowcast.png\" \/>\n\t<meta property=\"og:image:width\" content=\"974\" \/>\n\t<meta property=\"og:image:height\" content=\"583\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-cre-prices-up-slightly-in-february\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-cre-prices-up-slightly-in-february\/\",\"name\":\"Economy Watch: CRE Prices Up Slightly in February - 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