Federal examiners and liquidators continue to see improvement in both commercial and residential real estate markets, the Federal Deposit Insurance Corp. announced Wednesday.
The FDIC's quarterly real estate survey, covering November through January, produced a composite score of 67, down one point.
The commercial real estate index slipped one point to 71, while residential markets gained two points to 65. (Any score above 50 shows the majority of the 297 regulators polled said markets were improving. The higher the score, the more regulators agreed.)
The overall commercial index slid because conditions in the West deteriorated during the three-month period, the FDIC noted. After gaining 11 points to hit 83 in the October survey, the West's commercial real estate score slid to 74.
By contrast, the commercial markets in the Northeast built on October's five-point gain by adding another four points and hitting 72 in the FDIC's most recent survey.
In residential real estate, the FDIC said only 5% of the examiners and liquidators reported decreasing home resale prices-the lowest of any survey to date.