GSO/Guilford Pols

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Nov 13, 2012

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Kim

Things are better thanks to multi-family making up about 25-30% of new construction. Usually is about 10%. Bear in mind an apartment unit uses about a third of the material for a single family home.

The wild card is forclosures putting more cheap inventory on the market.

Home Depot is enjoying the DIY's doing renovation and repair.

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