Friday, January 15, 2016

CoStar: Commercial Real Estate prices "Continued Climb" in November, up 12% year-over-year

Here is a price index for commercial real estate that I follow.  From CoStar: CRE Prices Continued Upward Climb in November STRONG FUNDAMENTALS AND CAPITAL FLOWS SUPPORTED BROAD CRE PRICE GROWTH IN NOVEMBER. U.S. commercial real estate continued to post broad price gains in November 2015, with market fundamentals reflecting healthy levels of absorption and continued rental gains, even as construction levels slowly increased. The two broadest measures of aggregate pricing for commercial properties within the CCRSI - the value-weighted U.S. Composite Index and the equal-weighted U.S.......(read more)
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