Wednesday, November 23, 2011

Commercial Prices Post Decline After 4 Months of Increases - DSNews.com

"September marked the 20th consecutive month that distressed sales made up more than 20 percent of commercial property sales, according to Moody’s/REAL Commercial Property Price Index. The index reported distressed transactions for the month accounted for 25.9 percent of all commercial transactions.

While distressed sales were in keeping with recent trends, commercial property prices broke a four-month streak of increases with a 1.4 percent decline in September, according to Moody’s.

However, on a quarterly basis, prices rose in all four commercial property sectors from the previous quarter. Retail and apartments posted the highest gains rising 10.4 percent and 6.3 percent, respectively."

Read more...Commercial Prices Post Decline After 4 Months of Increases - DSNews.com

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