SecondStreetIndex.com provides a ten-year price trend index for each of the four major commercial real estate sectors in the U.S.: apartment, retail, office, and industrial. The price trends make use of average income, expense, and capitalization rates for a wide range of properties, including large and small buildings, buildings of high and low quality, and buildings in all states.
Prices are unadjusted for inflation or deflation. The price trends are displayed as ratios in relation to a base rate. The base rate is the Q4 2000 rate. (Therefore, if the average price in a given quarter is 20% above the Q4 2000 average price, the value for that quarter is shown in the chart as 1.2.)