Highlights
-Commercial vacancy rates declined for the core property types. Availability is expected to continue contracting for office, industrial and retail properties in 2015 and beyond.
-Vacancies for apartments are estimated to rise, due to gains in supply.
-Commercial rents have risen across the board, and are projected to advance this year to the tune of 2.5 percent to 3.7 percent.
-Lending conditions in REALTOR® markets notched another year of sustainable recovery.
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