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LoopNet Survey Shows Fading Hopes for Commercial Real Estate Recovery in 2010

Published Tuesday, November 03, 2009

When will the commercial real estate market hit bottom and begin to recover? Nearly half of respondents (46%) to a LoopNet survey believe that the market transaction volume won’t recover until 2011 or later, up from 13% in July. More than 1,000 LoopNet members responded to the poll, which was conducted in the second half of October. Meanwhile, the number of respondents who anticipate a rebound in 2010 or earlier has dropped significantly to 50%, down from 66% in July 2009. Nearly one in five respondents don’t expect a recovery in transaction volume until 2012. Investors ...

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