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The presence of real estate cycles presents a major challenge when forecasting real estate market parameters. If the market value of a residential developer's project

The presence of real estate cycles presents a major challenge when forecasting real estate market parameters. If the market value of a residential developer's project exceeds its construction costs, an increase in the supply of units will occur. As the market becomes oversupplied, we would expect which of the following to occur? O an increase in occupancy rates O a decrease in construction costs O a decrease in real rental rates an increase in market values

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