PWC: Fewer real estate deals in U.S.

According to PricewaterhouseCoopers’ Q4 2006 Korpacz Real Estate Investor Survey, there was a significant dip nationally in the number of real estate transactions in the fourth quarter of 2006 even though, on average, vacancy decreased and rents increased. The survey pegged Manhattan as one of the hottest investment markets in the fourth quarter. more [GlobeSt]