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.
Expansion
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.
