Q3 CRE Leading Indicator: +0.9% to 102.4, down 11.1% from a year ago. NAR's Lawrence Yun says...

|By:, SA News Editor
Q3 CRE Leading Indicator: +0.9% to 102.4, down 11.1% from a year ago. NAR's Lawrence Yun says he's encouraged by the first commercial mortgage bond deal in over a year, but notes "the level of activity is well below what is required to resuscitate the commercial market. Credit availability needs to significantly rebound for any hope of a meaningful commercial recovery in 2010."