TITLE

CRE Values Drop on Unemployment

PUB. DATE
December 2009
SOURCE
American Banker;12/22/2009, Vol. 174 Issue 226, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a decline in commercial property values in the U.S. that was reported in 2009 in the Moody's/REAL commercial property price indexes. The indexes indicated that commercial property values in the U.S. declined in October of 2009 as a result of an increase in unemployment in the U.S. which led to a decline in demand for apartments.
ACCESSION #
47123806

 

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