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Sotheby's International Realty
Thursday, May 8, 2014
Carpe Diem. Residential construction spending boom and remodeling lessons learned by DIYers
Carpe Diem...Real Estate
Update
GENERAL
News & VIEWS
NAHB: 2014 TO BE A STRONG YEAR FOR HOUSING
With the spring buying season in the housing market right
around the corner and stronger employment numbers reported, confidence is
gaining that economic recovery is right around the corner.
The future of the housing finance system is a key issue
for the housing industry and the economic makeup of the middle class, given the
importance that housing wealth and access to rental housing play in our
economy.
Residential construction spending has increased by almost
50% in the three years ending last February. And with warmer weather we're
likely to see even further gains in the months to come.
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