Mild" decline shows up in Moody's commercial property index

"Mild" decline shows up in Moody's commercial property index


After two consecutive months of 7% drops in commercial real estate values, June experienced a "mild" 1% decline, Real Estate Analytics said. "This month is not unexpectedly bad news like the two previous months," said Neal Elkin, the firm's president. Still, the Moody's/REAL National All Property Type Aggregate Index for June marked a 35.5% plunge in prices during the past two years...article

Source: GlobeSt written by Paul Bubny