Commercial Real Estate Prices Hit New Recession Low

With all the talk of housing market problems lately, it's important not to forget the other real estate market. Unfortunately, commercial real estate isn't faring much better. CRE prices hit a new recession low in August, down 3.3%, according to Moody's. Here's the Moody's chart via Jason Philyaw at HousingWire:

moodysCREpriceindexAug2010.png

Read the full story at HousingWire.

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Daniel Indiviglio was an associate editor at The Atlantic from 2009 through 2011. He is now the Washington, D.C.-based columnist for Reuters Breakingviews. He is also a 2011 Robert Novak Journalism Fellow through the Phillips Foundation. More

Indiviglio has also written for Forbes. Prior to becoming a journalist, he spent several years working as an investment banker and a consultant.

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