Moody’s Launches CRE Indices

Moody’s Investors Service has launched its REAL Commercial Property Price Indices, which track commercial property prices based on a sector-first, “repeat sale” methodology. The launch also marks the first of Moody’s indices that could be used as bases for trading in the capital markets. The agency teamed up with Real Estate Analytics (REAL) to publish these indices. REAL will develop as well as trade derivatives based on the indices. The suite comprises 29 indices that track commercial property price changes by property type – multifamily, retail, office and industrial – by geographic region and nationally. The indices will be published on a monthly schedule starting this month.