CPA forecasts big rise in housing starts

Dec. 29, 2011
<p>Private sector housing starts will grow by 29% betwen 2013 and 2015 according to the Construction Products Association's latest forecast published today (Dec 29). </p> <p>The forecast suggests that starts will rise by 2% in 2012 and then increasing consumer confidence and economic recovery in 2013 combined with the effects of the housing strategy will see starts increase sharply.</p> <p>However the housing starts forecast is one of the few grounds for optimism from the CPA with overall construction activity predicted to fall 5.2% next year.</p>

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