Key Quotes: Demonstrated in graphs today.
A repeat sale index approach measures changes in price for specific commercial properties as they re-sell over time. It basically tracks price differentials. I think this approach excludes re-sales within a single year, but don't quote me on that. Can some alert reader verify that? It is a good approach because it calculates the statistical significance of price increases rather than going by reported appreciation.
Read the full article at: Latest CoStar Commercial Repeat-Sale Analysis: Commercial Real Estate Sees Seventh Consecutive Monthly Price Increase in November
A. Joseph Marshall
Coldwell Banker Commercial
Commercial Real Estate Advisor
Savannah, Ga
