Market Is Softening, But Analysts Think Worst Is Yet to Come - WSJ.com
Market Is Softening, But Analysts Think Worst Is Yet to Come - WSJ.com: "By the Numbers
Third Quarter
Los Angeles Metro 2008 2007
Office vacancy, Avg. annual rent/s.f. 13.1%, $32.47 11.7%, $31.01
Retail econ. vacancy, Avg. annual rent/s.f. 9.9%, $25.57 8.3%, $25.88
Warehouse vacancy, Avg. annual rent/s.f 5.1%, $7.99 3.8%, $7.80
Median single-family home price$417,800$593,000
Note: Residential information is for respective second quarters. Sources: Property & Portfolio Research Inc., National Assn. of Realtors"
Third Quarter
Los Angeles Metro 2008 2007
Office vacancy, Avg. annual rent/s.f. 13.1%, $32.47 11.7%, $31.01
Retail econ. vacancy, Avg. annual rent/s.f. 9.9%, $25.57 8.3%, $25.88
Warehouse vacancy, Avg. annual rent/s.f 5.1%, $7.99 3.8%, $7.80
Median single-family home price$417,800$593,000
Note: Residential information is for respective second quarters. Sources: Property & Portfolio Research Inc., National Assn. of Realtors"
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