Victor Whitman is chief reporter at Scotsman Guide Media.
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Vice president for research and economics, Mortgage Bankers Association
“The majority of top [companies] expect
a very strong appetite from lenders
and a strong appetite from borrowers
to drive commercial mortgage
Chief economist, National Association of Home Builders
“We think the apartment market is just
leveling off while it finds a balance
between supply and demand.”
Over the course of 2017, the annualized pace of
multifamily construction starts ranged from a high
of 456,000 units in January to a low of 340,000 units
recorded in February, U. S. Census data shows. Over
the past six years, the annual count for multifamily
construction starts has often exceeded the long-run
norm of about 330,000 units, according to the National
Association of Home Builders.
Source: U. S. Census Bureau
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Growth in U.S. Legal-Cannabis Consumer Spending
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*Annualized pace as of November for each year
Consumer spending on legal marijuana products
is forecast to more than double over four years,
reaching $21 billion in 2021, according to the
Cannabis Intelligence Briefing, a report funded by
ArcView Market Research. ArcView projects that a
total of 35 states will allow some form of marijuana
sales by 2021.
Pot sales set to go higher
Source: Cannabis Intelligence Briefing *Projected spending