Thursday, October 20, 2011

Deals Decline in U.S.




In the past three months, the U.S. commercial real estate market has slowed. A total of $49.8 billion of commercial property was exchanged in the third quarter, down from $58.5 billion in the previous three months, according to Real Capital Analytics. The 15% decline is the second biggest since the first quarter of 2009.
Deals slowed over concerns that the European debt crisis may spread to the U.S. and cause another recession over here, and smaller markets are being hurt by fewer available commerical-mortgage bonds

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