by Calculated Risk on 8/20/2008 12:55:00 PM

From CEP News: U.S. Commercial Real Estate Prices Down for Fourth Straight Month, Moody's Says (hat tip Michael)

Commercial real estate prices continued falling in June, according to the Moody's/REAL Commercial Property Price Indices (CPPI), which recorded a 3.3% monthly decline ... The CPPI now stands 11.8% below its peak in October 2007.
...
The CPPI is based on the repeat sales of the same properties across the U.S. ...

Next up, a decline in new CRE investment.