Monday, 21 May 2007

US commercial real estate growth slows in Q1 -NAR

(Reuters) - The modest uptick suggested steady absorption of industrial
and office space in the next six to nine months with slightly
higher completions of office, warehouse, retail and hotel
buildings, the association said.




A combination of positive factors including rising
industrial output and steady job growth led to the index's rise
in the first quarter, said Lawrence Yun, the Washington-based
group's senior economist.


Read more at Reuters.com Economic News

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