- Jun 20, 2012
An increasing number of banks returned to commercial real estate lending in the fourth quarter, according to charts appearing in the market statistics section of MHN’s June 2012 issue.
The statistics section also shows that February was the fourth consecutive month in which the annualized permit rate has been greater than 200,000 units. And condo and co-op sales are up, by more than 9 percent compared to the annual average in 2011. However, condos and coop prices remain at the same levels as in late-2010, measureably lower than during the time when the homebuyer tax credit was available.
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