News
CRE Pricing Levels Off
March 13, 2013
According to CoStars commercial repeat sale indices,CRE pricing leveled off in January. CoStar attributes that to a winter slump and offers a bright spot: That index is up 5.5% since January 2012. Average time on the market dropped 2.7% from its peak in Q2 12, and the gap between initial asking and final sales price narrowed by almost 2.5% from last years levels.
If you could travel back to any time period, what would you choose? We wouldn't mind hitting up Eleanor of Aquitaine's court or checking out the Renaissance. Tell Catie Dixon, catie@bisnow.com.
