Weekly CMBS data from 09/26/2022 to 09/30/2022
METRIC | AGENCY CMBS (P&I) | AGENCY CMBS (IO/PO) | ||||||||||||
PRE-2017 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | PRE-2017 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
AVERAGE PRICE | 96.1 | 94.6 | 93.8 | 92.7 | 82.4 | 88.4 | 89.8 | * | * | 0.0 | 2.8 | 5.7 | 5.8 | 9.3 |
Weighted Avg. Price | 97.1 | 96.6 | 95.5 | 91.5 | 89.9 | 93.3 | 91.6 | * | * | 0.0 | 2.0 | 1.5 | 4.6 | 3.1 |
Avg. Price Bottom 5 Trades | 83.1 | 86.1 | 85.0 | 84.7 | 71.0 | 80.5 | 82.7 | * | * | 0.0 | 1.2 | 1.5 | 3.5 | 0.7 |
2nd Quartile Price | 94.9 | 93.6 | 92.6 | 89.9 | 79.0 | 81.9 | 85.5 | * | * | 0.0 | 1.5 | 3.5 | 4.8 | 0.6 |
3rd Quartile Price | 96.9 | 95.0 | 94.8 | 93.9 | 82.7 | 87.3 | 91.4 | * | * | 0.0 | 4.0 | 6.3 | 6.5 | 5.0 |
4th Quartile Price | 98.7 | 97.4 | 96.7 | 95.4 | 86.4 | 97.1 | 92.2 | * | * | 0.0 | 4.6 | 8.4 | 6.9 | 6.5 |
Avg. Price Top 5 Trades | 99.6 | 99.2 | 99.3 | 98.8 | 98.7 | 97.7 | 98.1 | * | * | 0.0 | 4.5 | 10.6 | 8.0 | 23.1 |
Standard Deviation | 3.6 | 3.5 | 4.1 | 4.2 | 7.5 | 7.3 | 5.0 | * | * | 0.0 | 1.8 | 4.5 | 2.0 | 16.9 |
VOLUME OF TRADES (000'S) | 356,223.3 | 292,206.0 | 79,924.7 | 57,503.5 | 86,091.0 | 81,922.5 | 1,093,442.1 | * | * | 0.0 | 81,000.0 | 492,531.6 | 165,716.4 | 277,992.9 |
Customer Buy | 145,793.6 | 56,880.6 | 30,777.5 | 11,763.2 | 20,039.4 | 13,458.3 | 235,832.6 | * | * | 0.0 | * | 423,308.1 | 19,102.4 | 207,547.3 |
Customer Sell | 150,545.0 | 218,089.5 | 47,806.0 | 41,825.8 | 63,183.7 | 58,590.4 | 502,368.2 | * | * | 0.0 | 58,276.0 | 66,799.6 | 140,052.6 | 66,469.6 |
Dealer to Dealer | 59,884.7 | 17,235.8 | 1,341.3 | 3,914.5 | 2,867.8 | * | 355,241.3 | 0.0 | 0.0 | 0.0 | 0.0 | * | * | * |
<= $1MM | 17,556.4 | 16,666.5 | 11,706.6 | 12,942.3 | 11,867.0 | 6,387.8 | 11,083.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | * | 0.0 |
<= $10MM | 272,741.9 | 109,607.7 | 56,718.2 | 44,561.3 | * | 24,220.2 | 66,489.0 | * | * | 0.0 | 20,737.1 | 41,993.9 | 58,600.9 | 36,700.5 |
> $10MM | * | * | * | 0.0 | * | * | 1,015,870.0 | 0.0 | 0.0 | 0.0 | 60,262.8 | * | * | 241,292.5 |
NUMBER OF TRADES | 239 | 120 | 97 | 47 | 70 | 23 | 48 | * | * | 0 | 11 | 17 | 21 | 14 |
Customer Buy | 86 | 42 | 23 | 17 | 18 | 6 | 26 | * | * | 0 | * | 5 | 5 | 7 |
Customer Sell | 110 | 56 | 54 | 25 | 33 | 13 | 12 | * | * | 0 | 7 | 11 | 14 | 6 |
Dealer to Dealer | 43 | 22 | 20 | 5 | 19 | * | 10 | 0 | 0 | 0 | 0 | * | * | * |
<= $1MM | 155 | 80 | 77 | 31 | 63 | 15 | 14 | 0 | 0 | 0 | 0 | 0 | * | 0 |
<= $10MM | 81 | 37 | 19 | 16 | * | 5 | 18 | * | * | 0 | 6 | 13 | 17 | 8 |
> $10MM | * | * | * | 0 | * | * | 16 | 0 | 0 | 0 | 5 | * | * | 6 |
METRIC | CONDUIT AAA LCF (P&I) | ||||||
PRE-2017 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
AVERAGE PRICE | 96.5 | 92.2 | 94.1 | 88.5 | 80.8 | 80.9 | 92.2 |
Weighted Avg. Price | 96.9 | 91.7 | 94.3 | 88.0 | 81.5 | 80.5 | 93.0 |
Avg. Price Bottom 5 Trades | 90.7 | 91.1 | 92.8 | 85.3 | 77.5 | 79.1 | 85.4 |
2nd Quartile Price | 95.2 | 91.6 | 93.8 | 86.0 | 78.5 | 80.2 | 89.7 |
3rd Quartile Price | 96.6 | 92.2 | 94.2 | 89.3 | 81.8 | 81.3 | 93.7 |
4th Quartile Price | 98.8 | 93.1 | 94.6 | 91.4 | 83.2 | 81.9 | 94.9 |
Avg. Price Top 5 Trades | 99.6 | 93.4 | 95.0 | 92.2 | 84.9 | 82.3 | 97.9 |
Standard Deviation | 2.4 | 0.9 | 0.7 | 2.8 | 2.7 | 1.3 | 4.2 |
VOLUME OF TRADES (000'S) | 389,271.4 | 86,961.1 | 85,252.6 | 38,486.6 | 91,509.0 | 63,846.0 | 283,636.2 |
Customer Buy | 133,535.9 | 52,078.0 | 39,770.6 | * | 52,682.0 | 22,981.0 | 162,682.9 |
Customer Sell | 226,434.8 | 34,733.1 | 41,222.0 | 33,586.6 | 31,507.0 | 39,435.0 | 118,164.0 |
Dealer to Dealer | 29,300.7 | * | * | 0.0 | 7,320.0 | * | * |
<= $1MM | 31,964.9 | 2,225.0 | 5,423.0 | 2,462.4 | 4,773.0 | 4,260.0 | 3,915.0 |
<= $10MM | 253,331.2 | 49,476.1 | 59,813.1 | 36,024.2 | 54,580.5 | 23,586.0 | 95,536.3 |
> $10MM | * | * | * | 0.0 | * | * | 184,184.9 |
NUMBER OF TRADES | 159 | 24 | 32 | 22 | 29 | 22 | 35 |
Customer Buy | 59 | 11 | 9 | * | 11 | 8 | 20 |
Customer Sell | 88 | 11 | 19 | 18 | 13 | 13 | 14 |
Dealer to Dealer | 12 | * | * | 0 | 5 | * | * |
<= $1MM | 87 | 7 | 13 | 9 | 11 | 12 | 8 |
<= $10MM | 68 | 14 | 18 | 13 | 16 | 8 | 17 |
> $10MM | * | * | * | 0 | * | * | 10 |
METRIC | CONDUIT AAA (P&I) | CONDUIT AAA (IO/PO) | CONDUIT IG (P&I) | CONDUIT IG (IO/PO) | CONDUIT HY (P&I) | CONDUIT HY (IO/PO) | ||||||||||||
PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | |
AVERAGE PRICE | 96.2 | 91.2 | 84.2 | * | 3.5 | 6.5 | 89.6 | 78.4 | 79.3 | * | 0.0 | 0.0 | 77.1 | 65.8 | 85.6 | 0.0 | 0.0 | 0.0 |
Weighted Avg. Price | 96.0 | 89.5 | 83.5 | * | 4.6 | 5.8 | 89.3 | 82.2 | 83.5 | * | 0.0 | 0.0 | 77.9 | 58.7 | 95.5 | 0.0 | 0.0 | 0.0 |
Avg. Price Bottom 5 Trades | 88.7 | 83.8 | 76.3 | * | 2.8 | 5.5 | 72.4 | 59.9 | 65.7 | * | 0.0 | 0.0 | 51.0 | 56.6 | 85.6 | 0.0 | 0.0 | 0.0 |
2nd Quartile Price | 95.3 | 85.8 | 78.5 | * | 2.8 | 5.7 | 82.7 | 70.7 | 81.1 | * | 0.0 | 0.0 | 71.5 | 54.5 | * | 0.0 | 0.0 | 0.0 |
3rd Quartile Price | 96.4 | 91.5 | 83.9 | * | 3.5 | 6.8 | 93.3 | 84.6 | 83.0 | * | 0.0 | 0.0 | 85.3 | 65.4 | * | 0.0 | 0.0 | 0.0 |
4th Quartile Price | 98.2 | 94.8 | 89.3 | * | 3.9 | 8.3 | 95.0 | 87.8 | 86.2 | * | 0.0 | 0.0 | 88.9 | 88.8 | * | 0.0 | 0.0 | 0.0 |
Avg. Price Top 5 Trades | 99.7 | 99.3 | 95.9 | * | 4.0 | 7.2 | 98.1 | 89.3 | 88.0 | * | 0.0 | 0.0 | 90.9 | 72.7 | 85.6 | 0.0 | 0.0 | 0.0 |
Standard Deviation | 2.5 | 4.8 | 5.9 | * | 1.2 | 1.3 | 8.1 | 10.4 | 10.6 | * | 0.0 | 0.0 | 14.8 | 15.0 | 9.1 | 0.0 | 0.0 | 0.0 |
VOLUME OF TRADES (000'S) | 425,411.5 | 292,328.3 | 223,948.0 | * | 127,100.3 | 234,704.6 | 206,516.2 | 109,285.0 | 83,064.0 | * | 0.0 | 0.0 | 135,183.5 | 57,328.0 | 3,832.5 | 0.0 | 0.0 | 0.0 |
Customer Buy | 197,118.0 | 123,626.7 | 111,716.5 | * | * | 127,465.8 | 85,276.0 | 57,446.0 | 41,837.0 | * | 0.0 | 0.0 | 71,466.5 | 28,664.0 | * | 0.0 | 0.0 | 0.0 |
Customer Sell | 226,427.1 | 166,617.0 | 109,926.4 | 0.0 | 45,695.4 | 107,238.7 | 117,795.2 | 48,255.0 | 41,227.0 | 0.0 | 0.0 | 0.0 | 63,687.0 | * | * | 0.0 | 0.0 | 0.0 |
Dealer to Dealer | 1,866.4 | * | * | 0.0 | 0.0 | 0.0 | 3,445.0 | * | 0.0 | 0.0 | 0.0 | 0.0 | * | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
<= $1MM | 24,038.1 | 10,901.1 | 8,078.0 | 0.0 | 0.0 | * | 14,198.0 | 2,967.0 | * | 0.0 | 0.0 | 0.0 | 1,826.0 | 0.0 | * | 0.0 | 0.0 | 0.0 |
<= $10MM | 276,005.8 | 165,532.2 | 184,282.0 | * | 24,240.7 | * | 125,958.2 | 94,147.0 | 48,254.0 | 0.0 | 0.0 | 0.0 | 86,862.5 | 36,148.0 | * | 0.0 | 0.0 | 0.0 |
> $10MM | 125,367.6 | 115,895.0 | * | * | * | 221,802.6 | 66,360.0 | * | * | * | 0.0 | 0.0 | * | * | 0.0 | 0.0 | 0.0 | 0.0 |
NUMBER OF TRADES | 160 | 72 | 63 | * | 8 | 10 | 68 | 39 | 17 | * | 0 | 0 | 30 | 8 | 5 | 0 | 0 | 0 |
Customer Buy | 66 | 30 | 27 | * | * | 5 | 30 | 18 | 10 | * | 0 | 0 | 18 | 5 | * | 0 | 0 | 0 |
Customer Sell | 89 | 39 | 34 | 0 | 6 | 5 | 32 | 19 | 7 | 0 | 0 | 0 | 11 | * | * | 0 | 0 | 0 |
Dealer to Dealer | 5 | * | * | 0 | 0 | 0 | 6 | * | 0 | 0 | 0 | 0 | * | 0 | 0 | 0 | 0 | 0 |
<= $1MM | 75 | 26 | 20 | 0 | 0 | * | 32 | 12 | * | 0 | 0 | 0 | 8 | 0 | * | 0 | 0 | 0 |
<= $10MM | 78 | 39 | 40 | * | 5 | * | 31 | 26 | 11 | 0 | 0 | 0 | 18 | 7 | * | 0 | 0 | 0 |
> $10MM | 7 | 7 | * | * | * | 6 | 5 | * | * | * | 0 | 0 | * | * | 0 | 0 | 0 | 0 |
METRIC | OTHER CMBS AAA LCF (P&I) | OTHER CMBS AAA (P&I) | OTHER CMBS AAA (IO/PO) | OTHER CMBS IG (P&I) | OTHER CMBS IG (IO/PO) | OTHER CMBS HY (P&I) | OTHER CMBS HY (IO/PO) | ||||||||||||||
PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | PRE-2017 | 2017-2019 | 2020-2022 | |
AVERAGE PRICE | * | 0.0 | 0.0 | 86.4 | 95.3 | 93.4 | 0.0 | 0.0 | 0.0 | 89.5 | 94.2 | 89.6 | 0.0 | 0.0 | 0.0 | 48.3 | 92.6 | 90.5 | 0.0 | 0.0 | 0.0 |
Weighted Avg. Price | * | 0.0 | 0.0 | 85.3 | 95.0 | 95.6 | 0.0 | 0.0 | 0.0 | 92.9 | 93.8 | 88.4 | 0.0 | 0.0 | 0.0 | 65.0 | 93.7 | 91.1 | 0.0 | 0.0 | 0.0 |
Avg. Price Bottom 5 Trades | * | 0.0 | 0.0 | 70.4 | 82.4 | 74.8 | 0.0 | 0.0 | 0.0 | 82.7 | 85.3 | 72.4 | 0.0 | 0.0 | 0.0 | 16.6 | 83.4 | 68.9 | 0.0 | 0.0 | 0.0 |
2nd Quartile Price | * | 0.0 | 0.0 | 71.6 | 94.6 | 93.5 | 0.0 | 0.0 | 0.0 | 88.3 | 93.5 | 86.3 | 0.0 | 0.0 | 0.0 | 21.6 | 91.9 | 90.0 | 0.0 | 0.0 | 0.0 |
3rd Quartile Price | * | 0.0 | 0.0 | 92.1 | 97.5 | 95.9 | 0.0 | 0.0 | 0.0 | 95.3 | 94.8 | 91.5 | 0.0 | 0.0 | 0.0 | 46.3 | 93.3 | 92.4 | 0.0 | 0.0 | 0.0 |
4th Quartile Price | * | 0.0 | 0.0 | 95.9 | 98.0 | 97.4 | 0.0 | 0.0 | 0.0 | 96.5 | 96.8 | 94.6 | 0.0 | 0.0 | 0.0 | 84.3 | 97.3 | 94.1 | 0.0 | 0.0 | 0.0 |
Avg. Price Top 5 Trades | * | 0.0 | 0.0 | 97.6 | 98.8 | 99.9 | 0.0 | 0.0 | 0.0 | 96.5 | 99.1 | 96.7 | 0.0 | 0.0 | 0.0 | 92.1 | 98.2 | 98.3 | 0.0 | 0.0 | 0.0 |
Standard Deviation | * | 0.0 | 0.0 | 11.3 | 4.7 | 6.8 | 0.0 | 0.0 | 0.0 | 10.9 | 3.8 | 6.2 | 0.0 | 0.0 | 0.0 | 32.2 | 5.8 | 6.3 | 0.0 | 0.0 | 0.0 |
VOLUME OF TRADES (000'S) | * | 0.0 | 0.0 | 29,769.8 | 214,422.4 | 759,537.8 | 0.0 | 0.0 | 0.0 | 23,152.6 | 314,766.1 | 176,997.4 | 0.0 | 0.0 | 0.0 | 40,025.9 | 153,210.3 | 853,157.5 | 0.0 | 0.0 | 0.0 |
Customer Buy | * | 0.0 | 0.0 | 11,428.7 | 87,624.1 | 324,909.9 | 0.0 | 0.0 | 0.0 | * | 138,446.9 | 60,292.0 | 0.0 | 0.0 | 0.0 | 17,390.3 | 74,254.6 | 424,827.3 | 0.0 | 0.0 | 0.0 |
Customer Sell | * | 0.0 | 0.0 | 18,341.1 | 125,370.5 | 428,417.6 | 0.0 | 0.0 | 0.0 | 13,209.0 | 176,099.2 | 116,705.4 | 0.0 | 0.0 | 0.0 | 22,528.8 | 78,955.7 | 428,330.3 | 0.0 | 0.0 | 0.0 |
Dealer to Dealer | * | 0.0 | 0.0 | 0.0 | * | 6,210.2 | 0.0 | 0.0 | 0.0 | * | * | 0.0 | 0.0 | 0.0 | 0.0 | * | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
<= $1MM | * | 0.0 | 0.0 | 7,378.0 | 12,662.1 | 22,263.8 | 0.0 | 0.0 | 0.0 | 4,054.6 | 16,698.7 | 19,394.0 | 0.0 | 0.0 | 0.0 | 954.2 | 5,567.0 | 12,191.2 | 0.0 | 0.0 | 0.0 |
<= $10MM | 0.0 | 0.0 | 0.0 | 22,391.8 | 174,970.3 | 242,104.6 | 0.0 | 0.0 | 0.0 | * | 58,123.5 | 128,103.4 | 0.0 | 0.0 | 0.0 | 39,071.8 | 105,725.3 | 422,445.0 | 0.0 | 0.0 | 0.0 |
> $10MM | 0.0 | 0.0 | 0.0 | 0.0 | * | 495,169.4 | 0.0 | 0.0 | 0.0 | 0.0 | 239,944.0 | * | 0.0 | 0.0 | 0.0 | 0.0 | * | 418,521.2 | 0.0 | 0.0 | 0.0 |
NUMBER OF TRADES | * | 0 | 0 | 25 | 82 | 138 | 0 | 0 | 0 | 12 | 53 | 81 | 0 | 0 | 0 | 26 | 33 | 114 | 0 | 0 | 0 |
Customer Buy | * | 0 | 0 | 10 | 32 | 56 | 0 | 0 | 0 | * | 16 | 26 | 0 | 0 | 0 | 10 | 15 | 60 | 0 | 0 | 0 |
Customer Sell | * | 0 | 0 | 15 | 49 | 76 | 0 | 0 | 0 | 7 | 34 | 55 | 0 | 0 | 0 | 12 | 18 | 54 | 0 | 0 | 0 |
Dealer to Dealer | * | 0 | 0 | 0 | * | 6 | 0 | 0 | 0 | * | * | 0 | 0 | 0 | 0 | * | 0 | 0 | 0 | 0 | 0 |
<= $1MM | * | 0 | 0 | 14 | 26 | 49 | 0 | 0 | 0 | 8 | 27 | 43 | 0 | 0 | 0 | 19 | 8 | 21 | 0 | 0 | 0 |
<= $10MM | 0 | 0 | 0 | 11 | 54 | 65 | 0 | 0 | 0 | * | 20 | 36 | 0 | 0 | 0 | 7 | 22 | 73 | 0 | 0 | 0 |
> $10MM | 0 | 0 | 0 | 0 | * | 24 | 0 | 0 | 0 | 0 | 6 | * | 0 | 0 | 0 | 0 | * | 20 | 0 | 0 | 0 |