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Construction Forecast:
Growth to Slow as Housing Market Cools

Posted April 4, 2006 | Categories: Forecasts, Hawaii's Economy

UHERO’s construction forecast sees a gradual deceleration of growth over the next few years. Because of declining affordability, rising construction costs, and anticipated interest rate increases, the residential housing market will continue the cooling trend that has been apparent in recent months. Military and commercial construction will be stabilizing factors.

forecast Summary

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