Home Starts to Climb 6 Percent in 2013

Posted by:

New construction starts are forecast to rise 6% this year to $506 billion, according to the Midyear Update to the 2013 Construction Outlook from McGraw Hill Construction. This is the same rate of increase for total construction starts that was predicted last October, and follows the 8% gain that took place in 2012.

“The recovery for construction continues to unfold in a selective manner, proceeding against the backdrop of the sluggish U.S. economy,” stated Robert A. Murray, vice president of ...

Continue Reading →