New house constructing is a important aspect to have a look at when considering real estate and the economic system. New residence constructing consists of the development of single-family homes, townhouses, and condominiums. The National Association of Home Builders provides month-to-month information on residence gross sales and average prices. The information on new residence gross sales is a number one economic indicator. This property sort contains workplace buildings, malls, eating places, and different such actions.
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