Commercial Property Price Indices
In conjunction with MIT Center for Real Estate and Real Estate Analytics, LLC, Real Capital Analytics has launched a set of pioneering indices for tracking commercial investment property prices in the US. The CPPI indices published by Moody's are based on actual transactions of commercial real estate compiled by Real Capital Analytics.
The Moody's/REAL Commercial Property Price Indices are the first in the sector to use the repeat sale methodology. “These indices will provide a timely and accurate indication of price changes for the commercial property market as a whole and for its most important sectors,” said Moody's managing Director Tad Philipp.
Altogether, the Moody's/REAL suite includes 29 indices: one monthly national aggregate index for all property types (below); 12 quarterly indices covering four major property types (multi-family, retail, office and industrial) nationally, for the western US, and an aggregate of the 10 largest metropolitan statistical areas (MSAs); and 16 annual indices that cover the four major property types for the eastern US, southern US, Southern California and some sectors in other selected markets.
