...In this June report, Moody's/REAL Inde x measures ###.##, a decline of #.#% from the previous month, and #.#% below the sa me period of the previous year. Although the Moody's/REAL Commercial Property Price Aggregate Index (CPPI) has before posted declines from the previous month, this is the first time that the index was lower than in the same month of the previous year. Nonetheless, the CPPI still logs an increase of #.#% over a two-year horizon. This report is based on data through the end of April for the mo nthly report and the end of the fi rst quarter for the annual series. ...

Report Type: Special Report
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 Moody's Global Credit Research
Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.