lookup发的报告:
According to the Real Capital Analytics CPPI, primary
market asset pricing returned to previous cycle peaks in early
2014, while asset pricing in secondary markets took nearly two
years longer, getting back to peak levels in late 2015. From the
trough of the market until early 2016, the year-over-year growth
in primary market price appreciation consistently exceeded
the change seen in the secondary markets. This relationship
reversed in early 2016 with secondary markets beginning to outperform
the primary markets. As of the middle of 2017, primary
market pricing is now 1.5 times the previous cycle peak, while
secondary markets are at 1.1 times the previous peak. Many
consider it reasonable to expect that secondary market pricing
still has room for appreciation.