(November 2011) Commercial real estate prices resumed their steady if
modest rise in September following a pause the previous month, helping
lift the CoStar National Composite Index to a nearly 1% gain in pricing
for the third quarter of 2011 over the previous three months, according
to a Costar report.
The Northeast, which saw the smallest pricing losses during the
recession, recorded an increase of 2%, the largest quarterly price
increase among the CCRSI’s four regional indices.
The Northeast Index
was only 19.8% below its peak value at the end of the third quarter. By
comparison, pricing was 34.8% below peak value in the South, and down
36.4% and 40.1% in the West and Midwest, respectively.
Read the full story from Costar: Click Here