As you can see, many of these items have a close correlation to construction and buildings.

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"It really depends, " Mr. Bona said, on the condition of the apartment, the quality of the building and how close it is to the construction.

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Despite some delays, the builders have maintained high construction standards while staying close to budget.

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Last August, President Obama used the occasion of a White House dinner breaking the Ramadan fast to endorse the construction of a controversial mosque close by the site of the former Twin Towers in Manhattan.

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When Ehud Olmert, Israel's previous prime minister, embarked on direct negotiations with the Palestinians, settlement construction was concentrated within or close to the likely borders of Jewish territory, on the assumption that other land would be evacuated.

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At a time when most Asian investors were focusing on high-growth markets close to home, he was nurturing contacts and making introductions between Chinese construction and engineering companies and Gulf contractors and officials.

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Given improved housing data the construction sector became the most overvalued by 14.2% with consumer staples close behind at 13.4% overvalued on the talk of strong Black Friday holiday sales.

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The construction is directed by a master craftsman who oversees a large number of craftsmen, working in close coordination.

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Perhaps, the increase in multifamily construction that began two years ago will begin to reverse that trend, but it will be close.

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The negative data hurt shares in Japan's construction equipment makers and sent the benchmark Nikkei 225 index down 1.44%, to close at 13, 017.24.

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