Inside the Report
Residential capital values slowly heading towards a new market-cycle peak. The ValuStrat Price Index (VPI) was up 1% monthly at 82.3 points. Apartments, which represent 85% of transactions, could hit price ceilings within the short term. Villas fared better, with a decelerating 1.4% monthly rise now positioning them at levels last seen in early 2014.
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