08.11.2011 - US property market set for 'tepid' growth led by apartments
Economists remain guardedly optimistic about the state of the US property market in 2012, as the economy stages a slow but steady recovery. However, the real estate sector will grow "even with a modest recovery in demand", according to Pramerica Real Estate Investors' 'US Quarterly Outlook'. It added: "Projections for a strong recovery in commercial real estate have been scaled back, with near-term demand growth expected to be tepid at best."..............................................Full Article: Source
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