according to Moodys Investors Service commercial real estate prices are UP! US commercial real estate prices rose in august for a fourth straight month AND distressed properties made up a smaller portion of those sales. Moody’s REAL commercial property index rose 2.4% from July; 7.2% from this time last year; AND 15% from its post-peak low in april. distressed sales made up 21.7% of the 207 sales in august which is lowest level since January 2010.
according to cole, the real estate sky is NOT falling!
Advertisements
