| MIT U.S. Commercial Property Transaction Index: Up 4.4% in Q3 |
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| Wednesday, 04 November 2009 08:57 |
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Research Recap submits:
First positive price change in over a year and the largest increase since the market downturn began in mid-2007. The MIT Center for Real Estate’s latest transaction-based index (TBI) paints a pretty picture: Results for the 3rd quarter of 2009 show a 4.4% increase in prices compared to the previous quarter for properties sold from the NCREIF database, placing the price index 36.5% below its Q2 '07 peak. Complete Story »
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