Calculated Risk: Leading Index for Commercial Real Estate Increases in December
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A top ranked economics and finance blog with a focus on the housing market
In December, the Dodge Momentum Index (DMI) improved 6.6% to 222.2 from the revised November reading of 208.3. The DMI’s commercial component rose 8.4% and the institutional component increased 2.7% last month. Commercial planning in December was driven by increases across office, warehouse...
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The latest data from November’s Dodge Construction Network report has revealed an 18% decline in total construction starts nationwide to an adjusted annual rate of $926.3 billion. The dip follows an October rebound that ended two consecutive months of declining figures. Total...