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Real estate executives turn more bearish

Posted on 05 October 2011

Real estate executives have downgraded their outlooks through mid-2012 as volatile global financial markets, sluggish job growth and political gridlock conspire to limit recovery, according to a survey released on Tuesday.
Seven out of 10 executives polled by DLA Piper, which calls itself the world’s largest real estate law firm, in September described themselves as “bearish” for the next 12 months, up from 60% in 2010, the report said……………………………………….Full Article: Source


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