From the Mortgage Bankers Association’s Quarterly Data Book:
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I guess the increase in apartment vacancy is a little counter intuitive, but maybe new supply is outpacing new demand from people having to move out of homes?
If many of the people moving out are moving back in with Mum and Dad, that can leave vacancies increasing.
[…] January 7, 2010 by underwritingsolutionsllc Ugly CRE charts | Analysis & Opinion | Reuters […]
[…] I bring you a brief but colorfully painful post by Reuters’ blogger Rolfe Winkler, entitled “Ugly CRE Charts” From the Mortgage Bankers Association’s Quarterly Data […]
[…] it is important to follow. The article entitled, "Ugly CRE Charts" says it all…go to http://blogs.reuters.com/rolfe-winkler/2 010/01/06/ugly-cre-charts/ Below, we include a chart comparing residential and commercial prices. As we see, while […]