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CRE SURVEY CALLS MOST MARKETS STABLE.

A 2000 SURVEY CONDUCTED BY CHICAGO-based The Counselors of Real Estate (CRE) calls markets "stable," as reported by CRE members. Members were asked to rate local market conditions for central business districts (CBDs), offices, suburban office, industrial, apartments/multifamily, hotel and commercial markets. Nationally, the CREs judged the CBD office and apartment markets as having the most "opportunistic investing" potential The CBD office market was called stable by 32.9 percent of respondents, while 27.6 percent said they foresee new development. The industrial market was called stable by 30 percent of respondents, up from 21.6 percent in a 1999 survey. While only 14.4 percent of survey respondents foresaw opportunistic investing in 1999, the percentage jumped to 24.3 percent in 2000. Nationally, 38.9 percent of CREs surveyed called the hotel market stable. The commercial shopping center market was called stable by 47.6 percent of respondents. A full copy of the survey is available for $10 (free to member s) by contacting The Counselors of Real Estate. More information may be found at www.cre.org.
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Title Annotation:Counselors of Real Estate, survey
Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 1, 2000
Words:180
Previous Article:People.
Next Article:HVS INTERNATIONAL SURVEY FINDS RECORD YEAR FOR NYC HOTELS.
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