Seeking Alpha
Analyst, REITs
Profile| Send Message|
( followers)

The latest release of the Moody’s/REAL Commercial Property Index showed a notable monthly gain of 3.6% since April suggesting that the nation’s commercial property markets are continuing to clear in the wake of a tremendous downturn that has seen prices down some 39% 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. (Click to enlarge)

Source: Commercial Real Estate Continues to Turn It Around