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National Association of Home Builders | The Economic Impact of Home Building in a Typical Local Area

Published on April 1, 2015
National Association of Home Builders | The Economic Impact of Home Building in a Typical Local Area

Home building generates substantial local economic activity, including new income and jobs for residents, and additional revenue for local governments. The National Association of Home Builders has developed a model to estimate these economic benefits. This report presents separate estimates of the local area impacts of building 100 single-family homes, 100 rental apartments and $1 million worth of spending on residential remodeling.