ULI Real Estate Business Barometer -- September 2012
September 13, 2012
Apartment fundamentals are sizzling as rents and vacancy rates continued to improve; completions continued their U-shaped recovery, and absorption doubled. Commercial property transactions dropped sharply in all but the office sector, where transactions were just slightly off; prices barely changed, remaining at three-year highs. Economic indicators, at best, point to a pause in near-term optimism.
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