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Surge in home construction likely to continue

Posted by Bonnie Martin Designated Broker on Monday, January 21st, 2013 at 8:07am. - The aftermath of the housing bust forced many homebuilders to dramatically scale back construction on new homes to avoid the risk of ending up saddled with a trove of newly built, yet unsold properties.

But an improving housing market has homebuilders feeling more confident about sales, and that's likely to kick the pace of new construction into a higher gear this year.

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