MIT Commercial Property Index Still Rising
SOURCE: MIT Center for Real Estate & Real Capital Analytics, Inc.
The Massachusetts Institute of Technology, long famous for science, math and engineering, stretched their research arm and analytical acumen into commercial real estate back in 1983 when they founded the "MIT Center for Real Estate".
One of their cornerstone pieces of analytical work has been their Commercial Property Index (Really 29 separate Indices) which they launched in February of last year, it's based on the Real Capital Analytics database which attempts to collect, on a timely basis, price information for every commercial property transaction in the U.S. over $2,500,000. The index uses no appraisal valuations, it's based purely on transaction price data.
The "RCA-Based Commercial Property Index " shows breakouts for the four major property types of Apartment, Industrial, Office and Retail by National, Regional & Metro views in Monthly, Quarterly & Annual frequencies.
The latest updates released yesterday show the Commercial Real Estate Bull still moving forward in nearly all of the 29 statistical reports.
Read full report »
The Massachusetts Institute of Technology, long famous for science, math and engineering, stretched their research arm and analytical acumen into commercial real estate back in 1983 when they founded the "MIT Center for Real Estate".
One of their cornerstone pieces of analytical work has been their Commercial Property Index (Really 29 separate Indices) which they launched in February of last year, it's based on the Real Capital Analytics database which attempts to collect, on a timely basis, price information for every commercial property transaction in the U.S. over $2,500,000. The index uses no appraisal valuations, it's based purely on transaction price data.
The "RCA-Based Commercial Property Index " shows breakouts for the four major property types of Apartment, Industrial, Office and Retail by National, Regional & Metro views in Monthly, Quarterly & Annual frequencies.
The latest updates released yesterday show the Commercial Real Estate Bull still moving forward in nearly all of the 29 statistical reports.
Read full report »
