Investors to face ‘price erosion’ in US in coming year
The coming year could see prices drop in the US by as much as 20 percent next year, according to research by real estate investment firm Blumberg Capital Partners. Buying opportunities exist, CEO Philip Blumberg argued, though the commercial real estate market would not bottom out until mid-2009 or 2010.
ByEva Poon
22 January 2013•1 min read
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