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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Roads End who wrote (285130)10/20/2010 3:29:41 PM
From: Giordano BrunoRead Replies (3) of 306849
 
U.S. commercial real estate prices fell 3.3% in August from a month earlier, putting prices at 2002 levels after a third straight month of declines, Moody's Investors Service said Tuesday.

Prices for office buildings, shopping centers and apartment complexes are now down 45% from their late-2007 peak, said Moody's. Rental demand has diminished, shrinking properties' cash flow, while a tighter financing market has restricted investors' ability to inflate their returns using leverage.

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