National Association of Realtors Chief Economist Lawrence Yun presented a modest and hopeful outlook for the commercial real estate market during the Economic Issues and Commercial Business Trends Forum at the Realtor Midyear Legislative Meetings & Trade Expo in Washington, D.C. today.
"The commercial market has displayed modest growth lately," said Yun. "Commercial real estate is the basis for much of the growth in the American economy, however challenges continue to exist. Despite this there are hopeful signs that the market might be slowly recovering due to recent job creation and an increase in consumer spending, among other indicators."
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