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Real Estate Glossary

Expansion

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Written by Luis Escobar

This is a phase in the cycle of real estate and business indicated by the short-term increase in the supply of available units in a given market that may be due to economic growth or increasing construction activity. It is a response to increased demand and rising price levels.

This is a phase in the cycle of real estate and business indicated by the short-term increase in the supply of available units in a given market that may be due to economic growth or increasing construction activity. It is a response to increased demand and rising price levels.

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Luis Escobar

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