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The gradual recovery of the housing market is likely to continue.
«Builder confidence levels have remained consistently sound this year, reflecting the ongoing
gradual recovery of the housing market,» said Granger MacDonald, chairman of the NAHB, in a statement.
Not exact matches
Further attention to easing some
of these obstacles could contribute to the
gradual recovery in
housing markets and thus help speed the overall economic
recovery.»
When the single -
housing market's bubble burst, rental
housing units immediately became in demand, and thanks to the economy's
gradual recovery and the arrival
of the Millennial generation, who eschew single -
housing in favor
of renting in urban live / work / play neighborhoods, multifamily
housing has continued to impress investors.
Results from the survey show Americans» optimism about the
recovery of the
housing market, and that homeownership continued its
gradual climb, bolstered by a series
of mortgage rate decreases experienced throughout the summer.
However, the National Association
of Home Builders (NAHB) believes that on the whole, we can expect a slow and
gradual recovery in
housing starts, home sales and the overall
housing market in 2012.