Just like clockwork, after ending 2012 on an upswing, commercial real estate pricing softened in the first three months of 2013, according to the latest findings from the CoStar Commercial Repeat Sale Indices (CCRSI).
Despite uneven performance in the first quarter, CRE prices have still increased appreciably from year ago levels and the recovery continued to widen, with all regions and property types experiencing year-over-year pricing gains.
Also boding well for investment activity through the balance of 2013, lending volume accelerated across all capital sources in the first three months.
Read more...Recovery In CRE Sales, Pricing Up Year over Year, Despite Sluggish First Quarter - CoStar Group
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