U.S. MULTI-HOUSING VACANCY RATE EXPECTED TO HOLD STEADY IN 2012

Boston, MA – November 21, 2011 – (RealEstateRama) — The U.S. multi-housing market vacancy rate is expected to hold steady at 5.5% in 2012, according to a new analysis from CBRE Econometric Advisors (CBRE-EA). CBRE-EA forecasts that the multi-housing vacancy will decline to 5.2% in 2013.


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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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