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Market Not Uniform but Q2 Commercial Properties Prices Rose
Commercial property prices rose by 2.2 percent in the three months that ended in June, as measured by the Investment Property Databank US Quarterly Property Index. The milestone data ends a phase of writedowns that wiped out five years of property value appreciation before the credit crisis hit, but the London-based index compiler said a [...]
NAR Survey Shows Mixed News for Commercial Market
In the first quarter of 2010, more than half of commercial REALTORS® responding to the NAR survey indicated that they had completed a commercial sales transaction. The average transaction value was $1.2 million. But sales, prices, and rental rates declined from the previous quarter. Sales volume declined 6 percent in the first quarter compared with [...]
