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Housing Blooms in Spring/Summer: More Growth Ahead?

from Nasdaq

The 2016 spring selling season was better than last year. Springtime weather in general boosts construction activity and traffic trends. Moreover, the sustained period of low mortgage rates this spring was incentive enough to buy a home. With an improving economy, encouraging job numbers and affordable mortgage rates, homebuilding should gain further steam as the year progresses. For that matter, there are plenty of reasons to be optimistic about the broader housing sector over both the short and long term. more

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