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Housing: Production And Costs Survey Term Paper

nchfa.com/ Riche, Martha Farnsworth (2003), "How Changes in the Nation's Age and Household Structure Will Reshape Housing Demand in the 21st Century," PhD, HUD - U.S. Department of Housing and Urban Development.

The Economist (2007), "Surviving the Markets," August 18th, www.economist.com

US Census, www.census.gov

FED - Federal Reserve "is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system" www.federalreserve.gov

ECB - European Central Bank "The ECB is the central bank for Europe's single currency, the euro. The ECB's main task is to maintain the euro's purchasing power and thus price stability in the euro area" www.ecb.int

In 2003, North Carolina represented 23.4% of the South Atlantic region of U.S., being the second largest...

The state continued to be the 2nd largest in the region after Florida.
In 2005, North Carolina dropped his share of new home construction in the Southern Atlantic region from 18.7% in 2004 to 14.5%. The state continued to be the 2nd largest in the region after Florida.

In 2006, North Carolina slightly increased his share of new home construction in the Southern Atlantic region from 14.5% in 2005 to 14.9% maintaining his follower position after Florida.

Also, the inter-bank rates grew overnight, which eventually led to an increase of mortgage rates (see chart) on both U.S. And Europe. The rate jumped to 6% in U.S., 0.75 points above FED's1 5.25% target and in Europe it jumped to 4.7%, 0.7 points above ECB's2 4% target.

Sources used in this document:
Reference List

Chiswick, Barry and Paul Miller (2003), "Issue Paper on the Impact of Immigration for Housing," HUD - U.S. Department of Housing and Urban Development.

HouseHunt (2008), http://www.househuntnews.com/MCR/North-Carolina/

Masnik, George and Zhu Xiao Di (2003), "A Sensitivity Analysis," HUD - U.S. Department of Housing and Urban Development.

National Association of Realtors, (2007), http://www.realtor.com/
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