Largest One-Month Commercial Property Price Drop
By: Myles, March 23rd, 2009
The Moody’s/
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Prices down 19.1 percent over the previous 12 Months, and
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21 percent below its October 2007 peak.
The Moody’s/
This marks the single largest one-month drop in the history of the Index, which has now declined by 19.1% from January 2008 and is 21% below its peak of October, 2007.
Tags: Commercial Activity Down
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