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US: Commercial property prices rose 0.9pct in June, Moody’s says

Posted on 23 August 2011

U.S. commercial property prices rose 0.9 percent in June, the second straight monthly gain, as buyers increased purchases in smaller cities in search of higher returns, according to Moody’s Investors Service.
The index, which measures broad price trends, is down 6.6 percent from a year earlier and 45 percent below the peak of October 2007, the company said……………………………………….Full Article: Source


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