Finally: Some CRE Green Shoots
By: Myles, July 28th, 2009
Today’s release of the S&P/Case-Shiller home price indices for May 2009 showed the first month-to-month gain in 34 months (almost 3 years!).
Clearly this is a notable development but it’s important to put today’s results in perspective before getting to confident that even the initial leg of the declining trend has ceased.
First, it’s important to recognize […]
Tags: cre, shiller index, some green shoots
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