For assessing the strength of the housing market, _____ is often a good indicator.
A) building permits
B) inflation
C) CPI
D) monetary policy

Question

Quizplus · Accepted Answer

Building permits are a good indicator of the strength of the housing market because they reflect the amount of new construction that is planned for the future. When there are more building permits being issued, it indicates that there is strong demand for housing and the market is expected to continue growing.

For Assessing the Strength of the Housing Market, _____ Is