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S&P Announces February Results for its CRE Indices

Standard & Poor's announced the February results of its S&P/GRA Commercial Real Estate Indices. Retail was up 0.8 percent from January to February while every other property type dropped.

The latest readings:

Property Type February 2008 Index February/January Change (%) January/December Change (%) 1-Year Change (%)
Apartments 147.56 -1.3% 0.6% 6.7%
Office 145.99 -1.9% -0.2% 3.8%
Retail 161.45 0.8 0.0% 4.3%
Warehouse 160.51 -0.7% 1.9% 8.6%

Previous posts on the S&P/GRA Indices can be found from April 22, March 18, January 22, January 2, November 28, September 18 and August 21.

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