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S&P Updates Its CRE Indices

Standard & Poor's announced the January results of its S&P/GRA Commercial Real Estate Indices. Retail was flat from November to December, but was still up from one year ago.

The latest readings:

Property Type January 2008 Index January/December Change (%) December/November Change (%) 1-Year Change (%)
Apartments 149.53 0.6% 1.9% 5.8%
Office 148.82 -0.2% 2.9% 9.9%
Retail 160.17 0.0 1.0% 4.3%
Warehouse 161.69 1.9% -0.2% 10.1%

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

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