Despite Share of GPD in Third Quarter, Housing Still Below Average

Jan. 6, 2015

Although the housing market held a 15 percent share of the GDP during the third quarter of 2014, it’s still below the average of 17 and 18 percent, HousingWire stated. Homebuilding and remodeling also had a 3 percent total of the housing market’s share, below the historic average of 5 percent.

Read more

Sign up for Pro Builder Newsletters
Get the latest news and updates.

Related

139805716 © Andrii Yalanskyi | Dreamstime.com
Wooden blocks with coins and the word 'wage' and an up arrow
5130118 © Mark Hryciw | Dreamstime.com
Single-family home under construction