23.06.2011 - Moody's: US commercial real estate prices fall 3.7pct in April
Moody's Investors Service said U.S. commercial real estate prices fell by 3.7% in April, as distressed prices masked the price recovery seen in larger, higher-quality assets. The commercial real-estate sector, like its residential counterpart, continues to struggle with slumping demand. April marks the fifth consecutive decline in the Moodys/Real Estate Analytics LLC commercial property price index, though the price recovery that began a year ago among so-called "trophy properties" in the largest markets continued unabated..............................................Full Article: Source
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