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IPAV formally welcomes recovery in new home completion figures

The recovery in new home completions in the final quarter of 2020, bringing the total for the year to 20,676 marking a drop of only 1.9 percent on 2019 but an increase of 15.9 percent in Q4 2020 over Q4 2019 is an indication of the construction industry’s ability to recover from the devastation of the pandemic, and augurs well for 2021, IPAV, the Institute of Professional Auctioneers and Valuers said.

 

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