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may ka lar( new) Ball ba yinn ma)..yae ta nar and De yan ..Arrt sa Tone lay

Commercial Real Estate Vacancy Rates Improving, Rents Firming

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Lawrence Yun , NAR chief economist, said vacancy rates are improving in all of the major commercial real estate sectors. "Sustained job creation is benefiting commercial real estate sectors by increasing demand for space," he said. "Vacancy rates are steadily falling. Leasing is on the rise and rents are showing signs of strengthening, especially in the apartment market where rents are rising the fastest."

NAR forecasts commercial vacancy rates over the next year to decline 0.4 percentage point in the office sector, 0.8 point in industrial real estate, 0.9 point in the retail sector and 0.2 percentage point in the multifamily rental market.

"Household formation appears to be rising from pent-up demand," Yun said. "The tight apartment market should encourage more apartment construction. Otherwise, rent increases could further accelerate in the near-to-intermediate term."

The Society of Industrial and Office Realtors® shows a notable gain in its SIOR Commercial Real Estate Index, an attitudinal survey of 297 local market experts.

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- Narand - - News


Housing: No Recovery
But the Wall Street and media perception, not to mention what the entire segment of the financial industry (most-particularly the NAR and its members) refuse to accept this. Until we un-financialize homes there will be no broad-based economy

Pregnant Armenian woman stuck on Georgian-Russian border
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To play the prominent role that they did, REALTORS® in the state leveraged political advocacy funds and on-the-ground assistance from NAR, and that help, state leaders say, was pivotal to their success. “It was phenomenal,” says Ryan Swinney,

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