S&P Updates Its CRE Indices
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.
