Commercial Real Estate values have ↓ ~11.3% from peak July 2020 levels, with some sectors ↓ 20%.
Higher interest rates are threatening borrowers and choking off transaction volume.
Analysts say current valuations rely on a thin data set and that negative news could be painting too grim of a picture of the CRE market.
Analysts forecast that office property prices will ↓ 30% in this cycle, multifamily to ↓ 20%, and for retail properties to ↓ 10%.
Analysts also say the recent rapid increase in the 10-yr Treasury yield could lead to further price deterioration across CRE properties.
Real Estate News & Market Updates | | Commercial Real Estate Values Slide 11%, Analysts Say
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