Commercial property prices up
The average price of U.S. commercial property prices rose by 2.2 percent in the second quarter, according to a report by Investment Property Databank US Quarterly Property Index. According to CNBC.com, this was the first gain for commercial real estate in two years. Between the first quarter of 2008 and the first quarter of 2010, commercial properties shed about a third of their value.
Trending News
