Interest rates are not only playing a negative role in residential real estate but are now denting what earlier this year appeared to be a rebounding commerical real estate (CRE) market. According to real estate and real estate investment trust (REIT) research firm Green Street, commercial property prices have dropped nearly 13% so far from their most recent peak earlier this year, with prices down 7.3% in October alone. The Green Street Commercial Property Price Index also reports apartments, o
What to watch in markets on Thursday, October 6, 2022.
While equities declined this week, the major fireworks were happening in the bond market, both in the U.S. and abroad.