Wednesday, August 19, 2009

Commercial real estate gets worse

Moody's released their CRE Index update for June showing that prices had declined 27% of the last year, and 36% from the October 2007 peak - ouch.

USA today has an article out there about CRE that is fairly uninteresting in and of itself, but there is a great little fight amongst some of the commenters to the article - just skip ahead to the comments.

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