This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Investment Grade Properties Post Largest Year Over Year Gain Since 2006

  • CoStar's Investment Grade Index is up 10.6% versus the same period last year, even after starting 2011 on a slight decline, decreasing 1.1% for the first month of 2011.
  • The Investment Grade pair count is up 54% over the year-ago level, a substantial increase.
  • The increase in Investment Grade repeat sales transactions reflects trends in the broader market. CoStar tracked more than $211 billion in total sale transactions in 2010. This is a 79% increase over 2009 sales volume for all sales. While the market is clearly recovering, sales transaction volume still remains 63% below the market's recent peak volume level.
  • CoStar's General Grade Index is down 11.3% versus the same period last year. It did however start 2011 on a slight up-note, increasing 0.4% for the first month of 2011. After being down for the past three months at 2.4% and down 11.3% for the past year, it seems the smaller property index may be seeing the specter of bottom for the first time in the past three years.
  • The General Grade pair count is down 1% over the year-ago level. Pair counts will likely increase slightly as additional closings are recorded.
  • The Composite Index, which is an equal weighted analysis of both the Investment Grade and General Grade indices and a reflection of the broad overall market, was flat the first month of 2011, down 2.6% for the past three months and down 6.6% for the past 12 months. In the Northeast, average pricing for Multifamily is up strongly with Industrial and Office pricing stabilizing.

The CoStar Commercial Repeat-Sale Indices (CCRSI) are the most comprehensive and accurate measures of commercial real estate prices in the United States. In addition to the national composite index, there are a total of 32 sub-indices in the CoStar index family. The sub-indices include breakdowns by property sector (office, industrial, retail, multifamily and land), by region of the country (Northeast, South, Midwest, West), by transaction size and quality (general commercial, investment grade), and by market size (composite index of the 10 largest metropolitan areas in the country). The CoStar national composite index is produced on a monthly basis.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.21 -1.70%
FB $116.86 0.11%
GOOG $691.61 0.08%
TSLA $238.89 -3.60%
YHOO $36.37 -0.60%


Chart of I:DJI
DOW 17,704.58 -126.18 -0.71%
S&P 500 2,054.84 -20.97 -1.01%
NASDAQ 4,752.31 -52.9810 -1.10%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs