housing-share-of-gdp_1q14

 

Did you ever think about the impact that the housing industry has on the whole economy?  This article from the National shows that housing is an important source of economic growth.  It shows how housing related activities contribute to the gross domestic product in two ways -through  residential fixed investment and through housing services (rents, utilities, etc.).  It is a pretty interesting article – click on the chart above to read more details.  And don’t forget that OWN THIS HOME TEAM is here for ALL of your real estate needs!