Friday, June 26, 2009

Now with Commercial Property Data!

Seems these days everyone is focused on the housing front… hardly a day goes by without another data-point on prices, sales or foreclosures or any of a number of routine personal interest stories concerning the ups and downs of the housing market.

BUT… there is more to the national real estate scene than just the residential market.

Commercial real estate (CRE) is an exceedingly important sector of the economy and especially important to assess and follow during times like these when business and personal consumption activity has been so dramatically impacted by recession.

Luckily, we need not gather our own data and number crunch in order to gain oversight over the trends in the national and regional commercial property markets… MITs Center for Real Estate, Moody’s and Real Estate Analytics, LLC have done all the heavy lifting for us!

Using a “same property round-trip” methodology (very similar to the S&P/Case-Shiller repeat sale methodology used for the residential market) MIT/Moody’s/Real distill out of real property transactions the trends in pricing across several property product types both nationally and regionally.

Currently, we have added the monthly national series as well as the quarterly national and top 10 MSA series for Apartment, Office, Industrial and Retail property types.

The following Blytics present several interesting views of the MIT/Moody’s/REAL data.

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