There was a surprisingly sharp increase in the amount of outstanding commercial real estate (CRE) debt held by commercial banks in January, which rose by $10.7bn, the largest monthly increase since last February. But with other sources still pointing to tough market conditions, we continue to expect a weak environment for new lending, as well as difficulties for some investors seeking refinancing.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services