In 2016, the Commercial Property Price Index (CPPI) increased 2.0% when compared with the previous year. This rate of change was 1.5 percentage points (p.p.) lower than the rate obtained in 2015 (3.5%). This was the third consecutive year in which commercial properties recorded annual price increases. The rate of change in prices of commercial real estate was 5.1 p.p. lower than the observed for residential properties. The year under analysis presented the largest difference between the rates of change of commercial and residential properties prices.