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Strategies & Market Trends : Macroeconomics

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To: Sam Citron who wrote (111)3/4/2008 5:34:16 PM
From: The Ox  Read Replies (1) of 158
 
Hi Sam,
Moody's expects a peak-to-trough decline of 15% to 20% in commercial real-estate values, returning prices to where they stood about four years ago. Goldman Sachs Group Inc. analysts have projected a drop of as much as 26%.


Of course the article doesn't say how much we've already come down from the top. It referenced declines but did not suggest how far along we are in this process.

Have you seen any reference as to how far down commercial RE values have already dropped?

TIA,

TO
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