CRE Price Index Rises for Seventh Consecutive Month

By Randyl Drummer

The CoStar National Composite Index of commercial real estate pricing rose for the seventh straight month since last spring as investment-grade sales made solid pricing gains in November 2011, and the level of distressed sale transactions continued to decline during the month. The composite index rose 0.6% in November from the previous month, with prices now an average 1.8% higher compared to the same period a year ago.

Courtesy of Lee Whistler, Realtor for Century 21 M&M Clovis

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