Moody’s reports leveling in commercial price declines

Posted by mortgagebroker in Commercial Real Esta... | 08.31.2009 - 5:00 pm

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NEW YORK – The Moody’s/REAL National All Property Type Aggregate Index from Real Estate Analytics LLC measured 123.82 for June 2009, a decrease of 1% from the previous month, representing a mild decline.

The Index, which has captured price data through the end of May 2009, is now 26.9% lower than it was a year ago and 33.9% below the peak measured in October 2007. The index also indicated a 35.5% drop in prices over the past two years.


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