S&P Announces February Results for its CRE Indices
Standard & Poor’s announced the February results of its S&P/GRA Commercial Real Estate Indices. Retail was up 0.8 percent from January to February while every other property type dropped.
The latest readings:
| Property Type | February 2008 Index | February/January Change (%) | January/December Change (%) | 1-Year Change (%) |
|---|---|---|---|---|
| Apartments | 147.56 | -1.3% | 0.6% | 6.7% |
| Office | 145.99 | -1.9% | -0.2% | 3.8% |
Retail
| 161.45 |
0.8 |
0.0% |
4.3% |
|
| Warehouse | 160.51 | -0.7% | 1.9% | 8.6% |
Previous posts on the S&P/GRA Indices can be found from April 22, March 18, January 22, January 2, November 28, September 18 and August 21.
Related Topics: News, Investment, Research, Retail Real Estate
