Deal activity settling at lower level, post-pandemic, Crosbie & Co. reports
The move follows pledges to review housing as an asset class
The rating agency downgraded 11 U.S. banks and lowered its rating outlooks on nine others
Housing market, bank liquidity and the commercial real estate sector top the regulator's list of concerns
Average price to top $700,000 in 2024
Average price down 15%, new listings down 44% year over year
The company is the latest to offer private investments catering to retail investors
Downtown office vacancies sat at 18.4%
Firms are scrambling to set up back-office systems and internal procedures for the complex accounts
New listings down 26% year over year, average price down 19%