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Moody’s: US commercial property market outlook broadly stable in 1Q 2013

Posted on 09 May 2013

The outlook for the major US property markets was broadly stable in the first quarter, consistent with the generally slow pace of both construction and absorption, the supply and demand components of real estate, according to Moody’s Investors Service’s Red-Yellow-Green quarterly property assessment.
“While overall levels of construction and absorption remained modest, strong revenue per available room or RevPAR growth from the hotel sectors pushed the overall composite score up to Green 68, a one-point increase over the prior quarter,” said Moody’s Vice President - Senior Credit Officer Keith Banhazl………………………………….Full Article: Source


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