Moody's: Commercial Real Estate Prices Drop in August
Monday, October 19, 2009
NEW YORK - Commercial real estate prices as measured by Moody's/REAL Commercial Property Price Indices (CPPI) continued to decline in August, but at a slower pace than in preceding months. The CPPI was down 3.0% from July after that month saw a 5.1% drop from June. 'Although prices have declined...