Investment-Grade Properties See Largest Year-Over-Year Gain Since 2006

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Investment-Grade Properties See Largest Year-Over-Year Gain Since 2006

January CoStar Commercial Repeat Sales Index Illustrates How Rapidly Prices were Falling a

Year Ago - And How Much They've Improved

CoStar's index tracking repeat sales of investment-grade commercial properties jumped 10.6% in January over the same period last year, the largest year-over-year gain since the height of the real estate boom in 2006.

The increase in the index for higher-quality properties hit a five-year high for January despite dipping slightly from December, a reflection of how hard the index fell a year ago and how strongly it has recovered within 12 months.

Read the entire story from CoStar.com.

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