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Q2 U.S. commercial property values make first gain since slump-IPD

Posted on 24 August 2010

Simon FairchildFrom Reuters: U.S. commercial real estate prices posted their first quarterly gain in more than two years last quarter, data showed on Monday, although deepening economic gloom may cut post-slump celebrations short.

After shedding about a third of their value between the first quarters of 2008 and 2010, average U.S. commercial property prices rose by 2.2 percent in the three months to end-June, as measured by the Investment Property Databank US Quarterly Property Index…………………………………….Full Article: Source


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