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S&P Announces May Results of CRE Indices


Standard & Poor's announced the latest numbers on its commercial real estate indices. Retail prices for the second straight month and are up just 0.5 percent over the past 12 months.

The latest readings:

Standard & Poor's announced the April results of its S&P/GRA Commercial Real Estate Indices. Retail was down 0.2 percent from March to April.

Property Type May 2008 Index May/April Change (%) April/March Change (%) 1-Year Change (%)
Apartments 145.16 0.6% -2.3% 5.8%
Office 149.27 1.7% 0.5% 3.1%
Retail 161.23 -0.2 -0.2% 0.5%
Warehouse 161.54 -0.4% 0.2% 3.2%

Previous posts on the S&P/GRA Indices can be found from July 25, June 18, May 21, April 22, March 18, January 22, January 2, November 28, September 18 and August 21.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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