Michelle Matteson
Slow Return
(quarterly change in mortgage debt outstanding, $ in thousands) By Jamie Woodwell Commercial and multi-family mortgage debt outstanding grew in the third quarter of 2013 by the largest amount since 2008. The level of commercial/multi-family mortgage debt outstanding grew by $25.2 billion in the third quarter, as all four major investor groups increased their holdings. That is a 1 percent increase over the second quarter. Total CMF debt outstanding stood at $2.47 trillion in the third quarter. Multi-family mortgage debt outstanding rose to $887 billion, an increase of $10.8 billion, or 1.2 percent, from second quarter 2013. Commercial banks continue…
(Mostly) Durable Strength
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Slow Progression
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
New York City Spotlight: Leading the Market
(top 10 commercial transactions in fourth quarter 2013)
Morning Commute
(U.S. designated market areas ranked by 2013 average travel time to work in minutes)
