Click on graph for larger image in new window.The Moody’s/REAL Commercial Property Price Indices (CPPI) measure the change in actual transaction prices for commercial real estate assets based on the repeat sales of the same assets at different points in time.
The Case-Shiller Composite 20 residential index is added in red (with Dec 2000 set to 100).
This shows the residential drop-off leading commercia, but also shows that prices tend to fall faster for commercial than for residential.
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