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Real Estate is estimated to grow 8.3% this year. The industry’s performance will continue to improve moderately the next year as economic conditions (e.g. growth in household income and employment) improve, pent-up demand for new housing and the steady absorption of existing housing stock will all contribute to industry growth. As well, the mortgage finance market has adopted more sustainable lending practices in the aftermath of the recent financial market meltdown, and as the economy strengthens, lending activity will gradually recover. Is your business staying in front of consumers and leveraging this potential?
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