Moody's reported that its Moody's / REAL All Property Type Aggregate Index increased .6% in November (link from Calculated Risk). This is on the heels of last week's CoStar report that showed a decline in November's commercial real estate prices. There does not seem to be enough data to signal a definitive price move, either up or down, in the commercial market, although it seems clear to me that the downward spiral has stopped. Calculated Risk's graph of prices since 2000 seems to confirm this:
(The link at the start of this post will take to you the Calculated Risk site, where you can enlarge the graph.)
Moody's reports that commercial real estate prices are off 42% from their 2007 peak. That's the staggering point, and the graph provides visual emphasis.
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