Declining unemployment, an increase in building permits, and an uptick in home prices all contributed to commercial real estate job growth, according to the Cornell/Select Leaders Job Barometer report. According to the report, commercial real estate job postings are up 32 percent over 2011.
Jobs postings in the retail sector grew 22 percent in 2012, followed by multifamily, which has seen a 15 percent year-to-date increase. Banking, office, and single-family, the other sectors tracked in the report, also showed year-over-year increases.
Read more...Job Growth Increases in Retail and Multifamily Sectors | CCIM Institute
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