A Little More Today than Yesterday! Trading Stuff.
Commercial Real Estate Cliff-Diving Continues
Rolfe Winkler, CFA submits:
Moody’s/REAL released September data for their commercial real estate price index. Month over month drops have been fast and furious this year.
- -8.6% Mar to Apr
- -7.6% May
- -1.0% June
- -5.1% July
- -3.0% Aug
- -3.9% Sept
Since the peak in October 2007, CRE prices are down 43%.
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