By tracking the changes in employment, population, and income, a real estate analyst can measure the change in demand for various categories (office, retail, industrial) of real estate. These changes reflect the hierarchy of the fundamental forces of demand. Select the appropriate hierarchy that reflects the sequential order. 1. Employment Growth; 2. Office & Industrial Growth; 3. Retail Growth; 4. Housing Growth 1. Office & Industrial Growth; 2. Employment Growth; 3. Retail Growth; 4. Housing Growth 1. Employment Growth; 2. Office & Industrial Growth; 3. Housing Growth; 4. Retail Growth 1. Office & Industrial Growth; 2. Employment Growth; 3. Housing Growth; 4. Retail Growth