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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (71630)11/24/2007 10:03:06 PM
From: mishedlo  Respond to of 116555
 
Credit Crunch Hits Commercial Real Estate
globaleconomicanalysis.blogspot.com
Weakening commercial real estate is now crystal clear. Deterioration can be seen in the tranches of Commercial Mortgage Backed Credit Default Swap Benchmark CMBX Indices, Moody's/REAL Commercial Property Price Index, or CPPI, and the MIT Center for TBI Index. The latter is showing the the first negative quarterly price change since 3Q 2003.
Mish