Industry NewsOpinion

Real estate’s February report card

Perspective: 'Soft landing' for housing underway
Published on Feb 14, 2006

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by CareyBot

Today's strong economy is fueled by growth in many sectors. While manufacturing and information jobs have declined in the last three years, the other sectors have added 4.4 million jobs.

The housing industry has been contributing more than its fair share to the growth. Over the last three years, construction jobs have accounted for 13 percent of the growth, with financial services jobs adding another 7 percent. They comprise 5 percent and 6 percent of total ...

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