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:
Read the full story at HousingWire.
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
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