The decline in commercial real estate activity appears to be slowing, although it is expected to remain weak into 2010, the National Association of Realtors (NAR) said today.

The Commercial Leading Indicator for Brokerage Activity fell 1.3% to 101.5 in the second quarter from a downwardly revised 102.8 in the first quarter. The index is 13.7% below the 117.8 posted in the second quarter of 2008, and is at the lowest level since the first quarter of 1994, NAR said.

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