Print
CRE Price Index
Published on: 12/19/2011
CoStar (by Randyl Drummer)
Web

CoStar’s monthly National Composite Index of commercial real estate prices increased 2.2% in October from the same period a year ago, the first year-over-year improvement since the economy took a sharp downward turn in 2008.

The solid recovery of investment-grade property prices and the continued decline in distressed sales volume spurred the growth in commercial property pricing, lifting the index to an impressive 1.8% gain in October from the previous month and continuing its upward trend.

The year-over-year and monthly increases in October reflected long-awaited positive momentum in the composite index, which has now achieved a steady 1.3% average monthly growth rate over the six-month period between May and October 2011, according to this month's CoStar Commercial Repeat Sale Index (CCRSI), based on 743 repeat sale transactions recorded in October and more than 100,000 repeat sale transactions since 1996.

 

Read Original Article Post

Sale/Lease Report
Date :
 Choose Date
To :
 Choose Date
No record available.
Sep 20, 2008
Land of Opportunity
How a land broker can help optimize your real estate investments. How a land broker can help optimize your real estate....
Sep 20, 2008
Land of Opportunity
How a land broker can help optimize your real estate investments. How a land broker can help optimize your real estate....
Sep 20, 2008
Land of Opportunity
How a land broker can help optimize your real estate investments. How a land broker can help optimize your real estate....