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US Real Estate Industry 2011
RocSearch Ltd, June 2011, Pages: 26
This report provides readers with a comprehensive overview of the US Residential Real Estate Market, current and historical perspective on housing sales, and future outlook. Readers will gain an understanding of the various trends, drivers and challenges faced by the sector, its value chain as well as the various stakeholders involved.
The US real estate industry comprises establishments engaged in the development of land, and construction of buildings to be used for commercial or residential purposes. The US housing real estate industry has been severely impacted by the economic recession during the last two years. The challenging operating environment and lower sales are forcing real estate developers to focus on alternative concepts for growth. This is evident from the growing prevalence of rented out properties. However, the real estate sector is expected to return to a positive growth trajectory as consumers regain faith in the economic recovery but growth is expected to remain largely dependent on how well developers are able to execute their strategies, and how fast consumers shift from renting to buying new houses.
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