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S&P Updates Its CRE Indices

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Standard & Poor's announced the January results of its S&P/GRA Commercial Real Estate Indices. Retail was flat from November to December, but was still up from one year ago.

The latest readings:

Property Type January 2008 Index January/December Change (%) December/November Change (%) 1-Year Change (%)
Apartments 149.53 0.6% 1.9% 5.8%
Office 148.82 -0.2% 2.9% 9.9%
Retail 160.17 0.0 1.0% 4.3%
Warehouse 161.69 1.9% -0.2% 10.1%

Previous posts on the S&P/GRA Indices can be found from 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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