Wednesday, September 19, 2007

S&P Indicies - slow but still growing

The June S&P Commercial Real Estate Indicies are out, and the news is pretty good on the whole. There are some signs of slowing growth in prices over the tremendous leaps we've had, and a little weakness in apartments and in one region. But some sectors still have good growth, and the annualized increases in many sectors (yes, double digits) are great. So all in all, I'll still take the news as positive. Slowing growth is not necessarily a sign of bad things to come, as it would have been virtually impossible to sustain growth at the levels we'd been seeing. You are still looking at solid returns and values.

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