Property values have fallen by a fifth since the Fed began its latest interest-rate increases.
Photo: Ismail Ferdous/Bloomberg NewsThe Fed might be done raising rates.
But can the cost of debt drop fast enough to save struggling landlords?
Property stocks are up 5.4% since Tuesday’s consumer-price index data showed that U.S. inflation is easing.
Property values have fallen by a fifth since the Fed began hiking in March 2022 and almost 8% of securitized property loans are in distress, according to CRED iQ data.
Persons:
Ismail Ferdous
Organizations:
Fed, Bloomberg