The latest release of the Moody’s/REAL Commercial Property Index showed another notable monthly increase of 1.3% since September suggesting that the nation’s commercial property markets are continuing to slump through a tremendous downturn that has seen prices down some 42.18% since the peak set in October 2007.It's important to note that while the commercial property markets have seen significant downward price movement, the latest data-point marks the second consecutive (albeit slight) year-over-year gain.
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.
