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Slow Economic Growth Reported for the Third Quarter of 2021

Pro Builder

Real gross domestic product (GDP) fell two percentage points below forecasted rates and slowed significantly from its second quarter levels. . According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 2.0%

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New Home Sales Up 23.8 Percent - Highest Level in 8 Years

Construction Equipment

April's new residential sales numbers were release today by the US Census Bureau and things are definitely looking up. percent to 619,000, above the revised March rate of 531,000 forecasted and is 23.8 above the April 2015 estimate of 500,000. month inventory. month inventory. Sales rose 16.6 percent in April.

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What Is a Residential Building | Types of Residential Buildings | Site Selection for Residential Buildings

CivilJungle

What Is a Residential Building? A residential building is one or more family dwellings, lodging or boarding houses, hostels, dormitories, apartment houses, flats, and private garages in which sleeping accommodation is provided for conventional residential purposes, with or without kitchen or dining facilities. Multi-Family Home.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

The National Retail Federation (NRF)—the nation’s largest retail trade group—recently released its 2016 economic forecast. Keys to the Cape’s Forecast. The American Association of Retired Persons estimates that 10,000 baby boomers a day will be turning 65—retirement age—for the next 14 years. Cape Coral ranks No.

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. New Single-Family Home Inventory. Meanwhile, despite double-digit unemployment nationwide, new-home sales are estimated to be 1.9% NAHB New Chair to Tackle Regulation and Promote Trades. Mon, 08/03/2020 - 13:00. NAHB Housing Policy Briefing.

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Economic Outlook 2021

Pro Builder

Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. Thanks to a surge in residential investment during 2020, housing’s share of GDP expanded and remains near historic levels.

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