Its very sporadic as most things I see in NCC are 15 to 20% below peak pricing (which was between March 2004 and late 2005 in NCC). I’m sure there are some things selling above 2006 prices but would be interested to see the properties as they may be circumstance specific and not the norm.
I believe this can go and will go on for years, so the question is how can you find a way to win under these rules?