16.10.2008 - RCA: Troubling times ahead for property markets
From Commercialpropertynews.com: September usually sets the pace of the investment market through the end of the year, and if this September is any indication, the property markets are in for some troubling times, according to Real Capital Analytics’ Global Capital Trends September/October 2008 report. Sales of significant commercial properties worldwide totaled $388 billion through August, representing a 57 percent decrease compared to same period in 2007, the report stated. The pace of transactions continues to slow and preliminary data for the third quarter shows an even steeper decline of 64 percent from the third quarter 2007..... Full Article: Source
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