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The
latest release of the
Moody’s/REAL Commercial Property Index showed a notable monthly increase of 4.3% since August suggesting that the nation’s commercial property markets are continuing 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.