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Lower mortgage rates have sellers and buyers much happier lately.
December's typical seasonal slowdown worse than in the previous two years.
Q4 2022 marked the seventh quarter in a row for positive absorption.
CBRE investor intentions survey leans to Sunbelt, but can't ignore Boston.
One-quarter of home searchers sought relief from high mortgage rates, economic uncertainty.
Single-family starts dropped 5% while multifamily starts gained 8%.
Money can be spent on conducting studies, training, implementation, and other purposes.
Projects scheduled to start construction in the next 12 months are up 14%.
Starting with loan applications in June, 25% of ground floor units must be inspected.
Data show production is currently running well below a rate of 1 million units annually.