Archive for March 25th, 2010
Surprising strength in commercial mortgages
25 March 2010Folks in the commercial real estate world may be unnecessarily glum of late, if the recently-released Bank of Canada data is any guide. From what I can tell, outstanding Chartered bank commercial mortgages grew for the second straight month, up $429 million in February to $26.2 billion.
When compared to May 2008 levels, bank-provided commercial [...]