Commercial real estate is in recovery on East and West Coasts

07/14/2010 | MSNBC

Commercial real estate is showing signs of recovery on both coasts, especially in such gateway cities as New York, Los Angeles and Washington. Nationwide trends are slower to catch up -- in large part because of the ongoing high unemployment -- but even here, analysts see signs of hope. The latest Moody's/REAL Commercial Property Price Index showed a monthly gain of 1.7% in April.

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