Real Estate Investors Expect Slump To Continue Well Into 2009

2008 December 31

December 31 2008 - Most real estate investors believe the market will not recover until well into 2009, according to a survey, conducted by Colliers Investment Services Group, a division of Boston-based Colliers International, a leading global real estate services firm.

The consensus among investors responding to the survey is that real estate transaction volumes will not pick up until the third quarter of 2009, at the earliest. Colliers’ survey and resulting 2009 outlook indicates that 22 percent of investors foresee being active buyers in the first half of 2009, but 78 percent said they would not venture back into the market until the latter half of the year.

Real estate investors expect slump to continue well into ‘09

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