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Property Sales Price Growth Slows to Single Digits

Multifamily Sales Outpace Other Property Types While Investors Tap Brakes on Industrial’s Momentum
The $2.2 billion sale of the 30 Hudson Yards office tower in New York, at center, was one of the marquee deals of 2019. (Getty Images)
The $2.2 billion sale of the 30 Hudson Yards office tower in New York, at center, was one of the marquee deals of 2019. (Getty Images)
CoStar News
January 30, 2020 | 3:32 P.M.

The growth in real estate sale prices dipped to single digits across most property types in 2019, in a sign of a wider slowdown across the industry, according to new data from CoStar. It's a contrast from 2018, when the same sectors saw double-digit gains.

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