A Standard & Poor's index of commercial real estate prices shows that while prices were still rising for most property types and regions of the country in December, the rate of appreciation was slowing. The national composite annual appreciation rate was 6.7% in December, S&P said. Regionally, price gains were strongest in the Northeast and Pacific Northwest, while property in the Desert Mountain West region posted a small monthly decline in December, though prices remained up on a year-over-year basis. Among different property types nationally, office properties saw the strongest year-over-year appreciation as of December, at 11.8%, while apartments saw the smallest gains, at 3.9%.
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