Federal bank and thrift agencies reported improvements in their local commercial real estate markets in an October survey, said the FDIC, and the positive marks suggest that the ongoing recovery most of the real estate industry is undergoing is finally reaching the commercial market.

Nearly a third of the 450 respondents in the FDIC's latest survey of real estate trends showed that the senior real estate examiners and asset managers from polled federal bank and thrift regulatory agencies said their local commercial markets had improved since July - the highest proportion this year - while only 10% reported worsening conditions.

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