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Construction Loan Growth During Third Quarter

By November 30, 2021Housing
Residential construction loan volume reached a post-Great Recession high during the third quarter, as home building activity continued to expand in 2021. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions increased by 6% during the third quarter. The volume of loans increased by $4.9 billion for the quarter. This loan volume expansion placed the total stock… Read More ›