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Jumat, 23 September 2011

Commercial Cataclysm!: Moody’s/REAL Commercial Property Price Index July 2011

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The latest release of the Moody’s/REAL Commercial Property Index showed a notable monthly gain of 5% in July while the nation’s commercial property markets continue to slump through a tremendous downturn that has seen prices down some 42.7% since the peak set in October 2007.

The Moody’s/REAL CPPI data series is produced by the MIT/CRE but is noted to be “complimentary” to their alternative transaction based index (TBI) as it is published monthly and is formulated from a completely different dataset supplied by Real Capital Analytics, Inc and Real Estate Analytics LLC.