Prices began falling over two years ago and significant declines were seen throughout 2009, with several months experiencing 5%+ value drops. The 1.0% growth in prices seen in November is a small bright spot.All Property Type Aggregate Index recorded a 1.5% price decline in the month of October.  The index now stands 43.7% below the peak measured two years ago, in October 2007.

More on After 13 consecutive months of declining property values, the Moody’s/REAL Commercial Property Price Index (CPPI) measured a 1.0% increase in prices in November.