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A new outlook by Ernst & Young as well as the Urban Land Institute said that commercial property trades will grow during the following two years to exceed quantities recorded in 2008. The report estimated that entire trade values will reach $230 billion by 2016, making their prognosis more optimistic than last fall’s report. The prediction added that the entire positive prognosis for the US housing market is supported by anticipated on-going improvements in the greater economy. Commercial properties are also seen to enjoy entire annual yields of 9.4% in 2014, of which industrial and retail buildings will do better than average.