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NEW YORK CITY – The housing market has always been a leading indicator of economic activity. And many in the commercial real estate arena suspect that it is likely to have peaked and is heading modestly lower this year with new data that shows residential starts are down for the single family and multifamily sectors, Kim Kennedy, director of forecasting for Dodge Data Analytics, a research and software firm, tells GlobeSt.com. “We are in the very late stages of the current economic recovery,” she said.

Mariah Brown

Mariah Brown is a reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.

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