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Commercial Catastrophe: The MIT/CRE Commercial Property Index (Q2 2009) PDF Print E-mail
Monday, 10 August 2009 10:21
Sold At The Top submits:

It’s now perfectly obvious that the commercial real estate (CRE) markets have followed the inevitable lead of the residential markets down into a severe and historic recessionary decline.

Earlier this week the MIT Center for Real Estate released their Q2 2009 read on the nation’s commercial property market showing a stunning 32.07% year-over-year decline to the price of all commercial structures as an aggregate and a 36.33% decline in demand.


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