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NEW YORK CITY-On the face of it, the gains in commercial property prices reported earlier this month by Moody’s Investors Service for September and Real Capital Analytics for October look like good news. In particular, the Moody’s/REAL Commercial Property Price Indices increased 4.3% in September, the largest gain in the history of the CPPI. However, the previous month’s report, which said that commercial property prices slipped to their lowest level in 10 months, underscores the market’s continuing volatility.

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