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KC Fed: Housing rebound expected to strengthen in 2014

 

Dec 23 - The recovery of U.S. housing construction slowed during the first half of 2013. Author Jordan Rappaport, senior economist at the Federal Reserve Bank of Kansas City, projects that stronger growth of single-family and especially multifamily construction will resume in the near future. But over the long term, single-family construction is likely to contract as aging baby boomers downsize. Click here to read the full report.


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