Size matters: tracking the economy through new-home square footage
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Size Matters: Tracking the Economy Through New-Home Square Footage Small details about the housing market can say just as much about how well Americans, and the broader economy, are doing. May 31.
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Size Matters Tracking The Economy Through NewHome Square Footage. The U.S. housing market may not be synonymous with the business cycle, as a famous 2007 paper proclaimed, but the ups and downs in housing, which represents a big part of the economy, usually do offer hints about what’s going on more broadly.
But small details about the housing market can say just as much about how well Americans, and the broader economy, are doing. On Tuesday, Rob Dietz, chief economist for the National Association of Home Builders, posted a research note about one in particular: the size of newly-constructed single-family homes.
One advantage of a custom build, Coletti said, is that no matter what size you choose, it will be built in the most efficient way for the buyer’s needs. “I tell my clients, you may buy a.
Mary Boone Gallery paid more than $50,000 a month for its space, which has an 1,800-square-foot, column-free exhibition floor and 24-foot ceilings featuring wooden trusses, Warren said. Pace had equal square footage but a different design, according to Kirkpatrick.
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