Home Construction to Experience a Boost

New home construction is about to experience a boost in the very near future. That is the prediction of analysts from a Canadian bank. They predict a huge increase in new home constructions in the U.S.. a newly built house painted in blue

The increase will be partly fueled by the desire of consumers to take advantage of the low mortgage rates.

According to an article from blogs.marketwatch.com, “Analysts with the Canada-based investment bank forecast that construction will be started on almost 1.2 million U.S. homes next year, up 29% from 930,000 by the end of this year.”

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