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Regulatory and supply-side challenges coupled with slowing rent growth and rising vacancy rates will weaken the multifamily construction market in 2021.
"We applaud U.S. Customs and Border Protection for their hard work and diligent efforts to stop cheating and evasion of U.S. antidumping and countervailing duties on cast iron soil pipe and fittings from China," stated David Parney, executive director of CISPI.
After declining for four years, a number of key trends — including the average size of the home and the number of bedrooms and bathrooms — reversed course in 2020 as a result of shifting buyer preferences in the wake of COVID-19.