Global commercial property price growth continued to slow in the first quarter of 2019. The Global Cities Composite of the RCA CPPI grew 6.2 percent year-over-year, easing from the double-digit annual rates seen as recently as a year ago.
The deceleration is not an indicator of a calamity in prices, but more a story of certain global business hubs adjusting down from recent highs. The moderation in price growth was not uniform across regions or cities, with the sharpest slowing seen in the Asia Pacific region.
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