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Leading Indicator Shows Decline in Commercial Real Estate is Slowing

Published Wednesday, August 19, 2009

Commercial real estate activity has suffered from a severe credit crunch for commercial sectors, sustained job losses and weak consumer spending, although the decline appears to be slowing. A forward-looking indicator shows commercial real estate will remain weak into 2010, but recent actions by the Federal Reserve should improve some flow of capital into commercial lending, according to the National Association of Realtors (NAR). The Commercial Leading Indicator for Brokerage Activity declined 1.3% to a reading of 101.5 in the second quarter from a downwardly revised reading of 102.8 in the first quarter. It is 13.7% below ...

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