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Survey: U.S. Commercial Real Estate Sector Expected to Be Resilient in Recovery - Urban Land Magazine

urbanland.uli.org

Despite recent dire conditions, U.S. real estate economists are predicting some light at the end of the tunnel. First, the current economic recession will be short-lived, with above-average gross domestic product (GDP) growth in 2021 and 2022. Second, the impact on real estate market conditions and values will be relatively modest and much less severe than the impact experienced during the global financial crisis (GFC), retail and hotels excluded. 

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