Calculated Risk details (via Bloomberg):
The Moody’s/REAL Commercial Property Price Index dropped 4.2 percent from February and is now 47 percent below the peak of October 2007, Moody’s said in a statement ...So-called trophy properties in New York, Washington, Boston, Chicago, Los Angeles and San Francisco are helping those markets avoid the drag caused by distressed asset sales nationwide, Moody’s reported.The Moody's / REAL Commercial Property Index is in nominal terms (despite the "real" name), but still hit a post-bubble low. In real terms? 21% down since the series began back in December 2000 and 50% below August 2007 levels....
The overall index shows “no sign of recovery,” Moody’s said.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhMzHauYZy1Iq0JLiYaQ8FZpLh4bfRrRCG7VaRmZebZGUtIlATyKnJGVEZ9s6Bcj9X90yJRSoLieR1aPCyUBsG0fZCtDO3bRf2qK-TkqF8DXzC5VU5F9qLUzX8SyfeH0CbwRo7GWMLCIw/s800/moody.png)
Yes it is true. It can be happened in real estate field. It totally depends upon NSE.
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