Weekly CMBS data from 07/22/2024 to 07/26/2024
METRIC | AGENCY CMBS (P&I) | AGENCY CMBS (IO/PO) | ||||||||||||
PRE-2019 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | PRE-2019 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
AVERAGE PRICE | 96.6 | 94.2 | 84.7 | 84.5 | 86.9 | 97.7 | 99.7 | 2.0 | * | 4.7 | 5.6 | 0.0 | * | 16.7 |
Weighted Avg. Price | 96.9 | 95.8 | 83.0 | 93.5 | 90.5 | 98.9 | 100.9 | 1.2 | * | 2.7 | 5.5 | 0.0 | * | 3.2 |
Avg. Price Bottom 5 Trades | 81.9 | 82.3 | 68.6 | 66.2 | 70.3 | 85.6 | 87.8 | 0.5 | * | 1.7 | 4.4 | 0.0 | * | 12.2 |
2nd Quartile Price | 96.0 | 90.9 | 76.1 | 76.1 | 81.3 | 96.1 | 99.6 | 1.3 | * | 3.2 | 5.5 | 0.0 | * | 1.8 |
3rd Quartile Price | 97.0 | 96.2 | 86.3 | 89.6 | 90.6 | 99.9 | 102.1 | 2.3 | * | 6.6 | 6.5 | 0.0 | * | 30.0 |
4th Quartile Price | 98.4 | 98.6 | 95.6 | 99.0 | 93.6 | 100.7 | 102.6 | 2.6 | * | 6.8 | 7.2 | 0.0 | * | 30.0 |
Avg. Price Top 5 Trades | 100.0 | 100.4 | 99.8 | 99.4 | 97.2 | 101.7 | 103.6 | 3.7 | * | 7.6 | 6.8 | 0.0 | * | 18.7 |
Standard Deviation | 3.0 | 5.7 | 10.1 | 14.3 | 9.6 | 5.0 | 4.6 | 1.1 | * | 4.3 | 1.9 | 0.0 | * | 19.1 |
VOLUME OF TRADES (000'S) | 1,351,077.5 | 109,807.1 | 427,697.8 | 92,627.4 | 361,133.7 | 282,983.2 | 1,004,395.9 | 430,248.1 | * | 272,999.2 | 694,661.9 | 0.0 | * | 1,857,303.0 |
Customer Buy | 593,859.4 | 38,924.6 | 175,960.5 | 25,499.8 | 274,714.3 | 166,316.2 | 518,692.3 | 91,009.5 | * | 129,949.4 | 363,880.2 | 0.0 | * | 1,857,303.0 |
Customer Sell | 598,470.6 | 48,424.0 | 159,272.3 | 59,951.9 | 69,503.9 | 113,150.8 | 325,147.3 | 339,238.6 | * | * | * | 0.0 | 0.0 | 0.0 |
Dealer to Dealer | 158,747.5 | 22,458.6 | 92,465.0 | 7,175.7 | 16,915.6 | 3,516.2 | 160,556.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
<= $1MM | 42,615.5 | 13,561.4 | 3,279.4 | 2,622.9 | 4,102.6 | 13,061.4 | 8,100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
<= $10MM | 234,200.9 | 69,702.8 | 44,422.7 | 30,162.4 | 36,585.8 | 47,647.3 | 62,944.6 | 131,400.0 | * | 27,297.3 | * | 0.0 | 0.0 | * |
> $10MM | 1,074,261.1 | * | 379,995.7 | * | 320,445.3 | 222,274.6 | 933,351.4 | 298,848.1 | * | * | 691,081.6 | 0.0 | * | 1,848,242.8 |
NUMBER OF TRADES | 279 | 56 | 51 | 25 | 30 | 49 | 58 | 29 | * | 9 | 9 | 0 | * | 9 |
Customer Buy | 117 | 19 | 20 | 8 | 15 | 29 | 34 | 11 | * | 5 | 5 | 0 | * | 9 |
Customer Sell | 126 | 21 | 21 | 9 | 8 | 15 | 14 | 18 | * | * | * | 0 | 0 | 0 |
Dealer to Dealer | 36 | 16 | 10 | 8 | 7 | 5 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
<= $1MM | 173 | 32 | 27 | 13 | 11 | 29 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
<= $10MM | 72 | 22 | 17 | 9 | 10 | 15 | 18 | 21 | * | 6 | * | 0 | 0 | * |
> $10MM | 34 | * | 7 | * | 9 | 5 | 27 | 8 | * | * | 8 | 0 | * | 8 |
METRIC | CONDUIT AAA LCF (P&I) | ||||||
PRE-2019 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
AVERAGE PRICE | 96.3 | 90.0 | 86.1 | 84.4 | 93.7 | 105.9 | 103.4 |
Weighted Avg. Price | 96.3 | 91.1 | 84.4 | 84.0 | 94.6 | 105.9 | 103.6 |
Avg. Price Bottom 5 Trades | 92.3 | 86.6 | 85.5 | 84.4 | 93.2 | 104.0 | 102.1 |
2nd Quartile Price | 94.6 | 88.3 | 87.0 | * | 93.7 | 104.5 | 103.0 |
3rd Quartile Price | 96.9 | 90.1 | 88.6 | * | 94.2 | 106.1 | 103.9 |
4th Quartile Price | 97.9 | 91.3 | 88.8 | * | 96.7 | 107.1 | 104.2 |
Avg. Price Top 5 Trades | 99.5 | 93.9 | 87.3 | 84.4 | 94.5 | 107.9 | 104.4 |
Standard Deviation | 1.9 | 2.8 | 3.5 | 0.8 | 2.4 | 2.4 | 1.0 |
VOLUME OF TRADES (000'S) | 413,974.1 | 21,725.4 | 1,740.0 | 7,075.0 | 15,507.0 | 40,417.0 | 33,815.0 |
Customer Buy | 185,522.8 | 10,276.0 | * | * | * | 29,320.0 | 25,340.0 |
Customer Sell | 215,067.2 | 11,349.4 | * | * | * | 11,097.0 | * |
Dealer to Dealer | 13,384.1 | * | 0.0 | 0.0 | 0.0 | 0.0 | 3,274.0 |
<= $1MM | 18,925.6 | 3,315.0 | 640.0 | * | * | 1,697.0 | 5,325.0 |
<= $10MM | 291,770.5 | 18,410.4 | * | * | * | 38,720.0 | 28,490.0 |
> $10MM | 103,278.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
NUMBER OF TRADES | 155 | 21 | 6 | 5 | 7 | 12 | 18 |
Customer Buy | 57 | 6 | * | * | * | 5 | 10 |
Customer Sell | 77 | 14 | * | * | * | 7 | * |
Dealer to Dealer | 21 | * | 0 | 0 | 0 | 0 | 5 |
<= $1MM | 64 | 13 | 5 | * | * | 5 | 11 |
<= $10MM | 83 | 8 | * | * | * | 7 | 7 |
> $10MM | 8 | 0 | 0 | 0 | 0 | 0 | 0 |
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-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | |
AVERAGE PRICE | 96.8 | 91.6 | 102.6 | 2.3 | 4.1 | 0.0 | 83.5 | 77.6 | 86.8 | 0.0 | * | * | 73.5 | 0.0 | * | 0.0 | 0.0 | 0.0 |
Weighted Avg. Price | 96.7 | 91.7 | 103.1 | 2.5 | 5.1 | 0.0 | 80.4 | 76.6 | 81.6 | 0.0 | * | * | 73.3 | 0.0 | * | 0.0 | 0.0 | 0.0 |
Avg. Price Bottom 5 Trades | 89.0 | 85.1 | 97.3 | 2.0 | 3.3 | 0.0 | 57.9 | 70.6 | 66.2 | 0.0 | * | * | 24.3 | 0.0 | * | 0.0 | 0.0 | 0.0 |
2nd Quartile Price | 96.2 | 89.3 | 101.9 | 2.3 | 3.4 | 0.0 | 81.7 | 73.3 | 83.0 | 0.0 | * | * | 59.9 | 0.0 | * | 0.0 | 0.0 | 0.0 |
3rd Quartile Price | 97.5 | 92.0 | 103.2 | 2.5 | 5.0 | 0.0 | 85.8 | 78.3 | 84.4 | 0.0 | * | * | 79.0 | 0.0 | * | 0.0 | 0.0 | 0.0 |
4th Quartile Price | 98.3 | 94.8 | 104.1 | 2.9 | 5.0 | 0.0 | 94.3 | 80.8 | 100.9 | 0.0 | * | * | 90.0 | 0.0 | * | 0.0 | 0.0 | 0.0 |
Avg. Price Top 5 Trades | 99.6 | 96.2 | 105.1 | 2.7 | 4.7 | 0.0 | 96.5 | 88.1 | 101.8 | 0.0 | * | * | 98.7 | 0.0 | * | 0.0 | 0.0 | 0.0 |
Standard Deviation | 2.7 | 4.0 | 2.4 | 0.6 | 1.0 | 0.0 | 12.3 | 6.8 | 13.8 | 0.0 | * | * | 20.5 | 0.0 | * | 0.0 | 0.0 | 0.0 |
VOLUME OF TRADES (000'S) | 84,612.8 | 17,938.7 | 204,793.1 | 285,990.9 | 59,624.0 | 0.0 | 65,215.1 | 45,959.8 | 68,112.4 | 0.0 | * | * | 276,095.0 | 0.0 | * | 0.0 | 0.0 | 0.0 |
Customer Buy | 34,290.1 | 8,147.0 | 149,760.1 | 152,507.7 | * | 0.0 | 32,403.1 | 19,370.0 | 29,150.7 | 0.0 | * | 0.0 | 125,430.3 | 0.0 | * | 0.0 | 0.0 | 0.0 |
Customer Sell | 43,191.3 | 9,226.5 | 47,823.1 | * | 14,176.1 | 0.0 | 28,409.0 | 26,589.8 | 38,961.7 | 0.0 | * | * | 145,774.1 | 0.0 | * | 0.0 | 0.0 | 0.0 |
Dealer to Dealer | 7,131.4 | 565.2 | 7,210.0 | 0.0 | * | 0.0 | 4,403.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 4,890.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
<= $1MM | 15,278.7 | 10,993.7 | 8,591.1 | 0.0 | 0.0 | 0.0 | 9,481.1 | 3,273.8 | 3,983.4 | 0.0 | 0.0 | 0.0 | 20,023.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
<= $10MM | 69,334.1 | * | 126,132.0 | * | 25,331.1 | 0.0 | 55,734.0 | 42,686.0 | 64,129.0 | 0.0 | * | 0.0 | 222,233.8 | 0.0 | * | 0.0 | 0.0 | 0.0 |
> $10MM | 0.0 | 0.0 | * | 264,993.6 | * | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | * | * | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
NUMBER OF TRADES | 75 | 32 | 61 | 9 | 10 | 0 | 38 | 25 | 30 | 0 | * | * | 106 | 0 | * | 0 | 0 | 0 |
Customer Buy | 24 | 13 | 30 | 5 | * | 0 | 17 | 12 | 13 | 0 | * | 0 | 46 | 0 | * | 0 | 0 | 0 |
Customer Sell | 39 | 13 | 23 | * | 5 | 0 | 16 | 13 | 17 | 0 | * | * | 51 | 0 | * | 0 | 0 | 0 |
Dealer to Dealer | 12 | 6 | 8 | 0 | * | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 0 | 0 | 0 | 0 |
<= $1MM | 46 | 29 | 32 | 0 | 0 | 0 | 21 | 10 | 10 | 0 | 0 | 0 | 44 | 0 | 0 | 0 | 0 | 0 |
<= $10MM | 29 | * | 25 | * | 9 | 0 | 17 | 15 | 20 | 0 | * | 0 | 59 | 0 | * | 0 | 0 | 0 |
> $10MM | 0 | 0 | * | 5 | * | 0 | 0 | 0 | 0 | 0 | 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-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | PRE-2019 | 2019-2021 | 2022-2024 | |
AVERAGE PRICE | * | 0.0 | 0.0 | 93.9 | 93.8 | 99.6 | 0.0 | 0.0 | 0.0 | 92.1 | 92.0 | 98.5 | 0.0 | 0.0 | 0.0 | 61.6 | 82.6 | 95.7 | 0.0 | * | 0.0 |
Weighted Avg. Price | * | 0.0 | 0.0 | 92.6 | 95.4 | 99.0 | 0.0 | 0.0 | 0.0 | 90.1 | 93.4 | 98.7 | 0.0 | 0.0 | 0.0 | 63.6 | 87.4 | 95.5 | 0.0 | * | 0.0 |
Avg. Price Bottom 5 Trades | * | 0.0 | 0.0 | 86.9 | 80.9 | 92.8 | 0.0 | 0.0 | 0.0 | 80.9 | 69.8 | 91.2 | 0.0 | 0.0 | 0.0 | 2.5 | 31.4 | 70.2 | 0.0 | * | 0.0 |
2nd Quartile Price | * | 0.0 | 0.0 | 92.1 | 89.8 | 99.3 | 0.0 | 0.0 | 0.0 | 87.7 | 89.3 | 98.0 | 0.0 | 0.0 | 0.0 | 47.0 | 73.7 | 97.9 | 0.0 | * | 0.0 |
3rd Quartile Price | * | 0.0 | 0.0 | 94.0 | 94.8 | 99.9 | 0.0 | 0.0 | 0.0 | 95.3 | 94.1 | 99.7 | 0.0 | 0.0 | 0.0 | 68.0 | 90.4 | 99.4 | 0.0 | * | 0.0 |
4th Quartile Price | * | 0.0 | 0.0 | 98.0 | 98.8 | 100.5 | 0.0 | 0.0 | 0.0 | 98.6 | 98.5 | 100.2 | 0.0 | 0.0 | 0.0 | 90.0 | 97.8 | 99.9 | 0.0 | * | 0.0 |
Avg. Price Top 5 Trades | * | 0.0 | 0.0 | 100.0 | 99.9 | 103.8 | 0.0 | 0.0 | 0.0 | 99.3 | 99.8 | 102.1 | 0.0 | 0.0 | 0.0 | 98.3 | 98.8 | 104.2 | 0.0 | * | 0.0 |
Standard Deviation | * | 0.0 | 0.0 | 4.1 | 5.5 | 2.4 | 0.0 | 0.0 | 0.0 | 7.7 | 8.6 | 2.8 | 0.0 | 0.0 | 0.0 | 31.1 | 20.0 | 11.8 | 0.0 | * | 0.0 |
VOLUME OF TRADES (000'S) | * | 0.0 | 0.0 | 132,844.6 | 352,442.6 | 220,283.3 | 0.0 | 0.0 | 0.0 | 17,729.0 | 205,260.1 | 327,554.6 | 0.0 | 0.0 | 0.0 | 79,219.4 | 241,903.2 | 302,448.5 | 0.0 | * | 0.0 |
Customer Buy | 0.0 | 0.0 | 0.0 | 60,155.8 | 161,864.1 | 116,510.1 | 0.0 | 0.0 | 0.0 | 6,462.0 | 89,865.7 | 152,423.2 | 0.0 | 0.0 | 0.0 | 37,066.5 | 122,041.5 | 143,359.8 | 0.0 | * | 0.0 |
Customer Sell | * | 0.0 | 0.0 | 72,688.9 | 190,578.5 | 79,284.5 | 0.0 | 0.0 | 0.0 | 11,267.0 | 99,951.7 | 151,219.6 | 0.0 | 0.0 | 0.0 | 35,035.7 | 119,861.8 | 137,468.8 | 0.0 | * | 0.0 |
Dealer to Dealer | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 24,488.7 | 0.0 | 0.0 | 0.0 | 0.0 | 15,442.8 | 23,911.8 | 0.0 | 0.0 | 0.0 | * | 0.0 | * | 0.0 | 0.0 | 0.0 |
<= $1MM | * | 0.0 | 0.0 | 3,698.6 | 14,979.2 | 15,580.2 | 0.0 | 0.0 | 0.0 | 3,849.1 | 9,486.5 | 15,653.0 | 0.0 | 0.0 | 0.0 | 12,907.1 | 6,179.6 | 2,694.5 | 0.0 | 0.0 | 0.0 |
<= $10MM | 0.0 | 0.0 | 0.0 | 118,938.6 | 132,160.1 | 155,337.5 | 0.0 | 0.0 | 0.0 | 13,879.9 | 165,592.8 | 294,681.6 | 0.0 | 0.0 | 0.0 | 66,312.3 | 205,006.1 | 201,046.0 | 0.0 | * | 0.0 |
> $10MM | 0.0 | 0.0 | 0.0 | * | 205,303.3 | * | 0.0 | 0.0 | 0.0 | 0.0 | * | * | 0.0 | 0.0 | 0.0 | 0.0 | * | 98,708.0 | 0.0 | 0.0 | 0.0 |
NUMBER OF TRADES | * | 0 | 0 | 45 | 105 | 99 | 0 | 0 | 0 | 21 | 74 | 108 | 0 | 0 | 0 | 50 | 66 | 57 | 0 | * | 0 |
Customer Buy | 0 | 0 | 0 | 21 | 47 | 46 | 0 | 0 | 0 | 9 | 37 | 52 | 0 | 0 | 0 | 22 | 33 | 29 | 0 | * | 0 |
Customer Sell | * | 0 | 0 | 24 | 58 | 47 | 0 | 0 | 0 | 12 | 31 | 49 | 0 | 0 | 0 | 24 | 33 | 26 | 0 | * | 0 |
Dealer to Dealer | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 0 | 6 | 7 | 0 | 0 | 0 | * | 0 | * | 0 | 0 | 0 |
<= $1MM | * | 0 | 0 | 19 | 60 | 62 | 0 | 0 | 0 | 16 | 28 | 29 | 0 | 0 | 0 | 33 | 16 | 8 | 0 | 0 | 0 |
<= $10MM | 0 | 0 | 0 | 25 | 32 | 34 | 0 | 0 | 0 | 5 | 44 | 78 | 0 | 0 | 0 | 17 | 47 | 41 | 0 | * | 0 |
> $10MM | 0 | 0 | 0 | * | 13 | * | 0 | 0 | 0 | 0 | * | * | 0 | 0 | 0 | 0 | * | 8 | 0 | 0 | 0 |