Sales prices of commercial real estate properties rose 6.3 percent in May, according to Moody’s Investors Service. The agency’s latest reading marked the first positive move in its property price index in six months and the largest one-month increase since Moody’s began tracking commercial real estate prices in 2000. The firm’s analysts attribute much of the turnaround to an increase in prices of distressed transactions, which rose 4.8 percent during May.
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