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CRE Prices Are Now Officially Above Pre-Recession Peak

In the wake of the Great Recession and the financial crisis, the all-property CPPI fell by approximately 40 percent between November 2007 and January 2010. By comparison, the Consumer Price Index fell only 3.5 percent between July 2008 and January 2009 and then continued to rise, the researchers note.

Moody’s/RCA researchers note that at this point, the only property sectors where prices have not exceeded their pre-recession peak are retail (still down 7 percent) and suburban office (down 9 percent).

(http://m.nreionline.com/finance-investment/cre-prices-are-now-officially-above-pre-recession-peak)