Sales of U.S. commercial real estate plummeted in February,
sending the clearest signal yet that a six-year bull market might
be coming to an end.
Just $25.1 billion worth of office buildings, stores, apartment
complexes and other commercial property changed hands last month,
compared with $47.3 billion in the same month a year earlier,
according to deal tracker Real Capital Analytics Inc. In January,
sales were $46.2 billion.
Has housing topped?
Posted by EdZ on 22nd of Mar 2016 at 11:45 am
Sales of U.S. commercial real estate plummeted in February, sending the clearest signal yet that a six-year bull market might be coming to an end.
Just $25.1 billion worth of office buildings, stores, apartment complexes and other commercial property changed hands last month, compared with $47.3 billion in the same month a year earlier, according to deal tracker Real Capital Analytics Inc. In January, sales were $46.2 billion.
http://www.nytimes.com/2016/03/22/business/economy/existing-home-sales-drop-more-than-expected.html?_r=1