Capitalytics

**Regression for Commercial Real Estate Price Index**

	Dependent variable (+/- SE):

	Commercial Real Estate Price Index

Constant	510.260 (+/- 21.469)
	p = 0.000^***
30-year Treasury Yield	-243.406 (+/- 27.663)
	p = 0.000^***
LN_30-year Treasury Yield	270.814 (+/- 42.778)
	p = 0.00000^***
6-month Treasury Yield_2	1.958 (+/- 0.299)
	p = 0.00000^***
20-year Treasury Yield_2	21.916 (+/- 2.265)
	p = 0.000^***

Observations	40
R²	0.936
Adjusted R²	0.929
Residual Std. Error	8.792 (df = 35)
F Statistic	128.966^*** (df = 4; 35)

Note:	^p<0.1; ^p<0.05; ^**p<0.01