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North America Office Clocks - Q3 2010

At the end of the third quarter of 2010, the overwhelming majority of office markets across Canada, the United States and Latin America had moved past the 3:00 position, signaling the large share of rent declines have occurred in most markets. Further, a handful of markets across the three regions migrated to the rising market portion of the clock, demonstrating rents in those markets have bottomed.

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