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5 charts that reveal the future of residential construction

from Construction Dive

The residential construction industry's recovery has moved along a slow and steady path as the housing market struggled to find its footing after the crash eight years ago. Despite the lack of surging growth in homebuilding, economists are optimistic about the industry's future — especially now that the market has been able to move past the boom and bust ramifications. In fact, during a webinar Wednesday, Len Kiefer, deputy chief economist at Freddie Mac, said he expects 2016 to be housing's "best year in a decade." more

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