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Decreases in New Home Construction Is a Good Thing


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Blog by Mary Roy | May 30th, 2013


The reduction of new homes being built decreases the supply available while supporting home prices.
Homes being built
“We expect the pace of expansion [in Canada] to accelerate over the course of 2013,” declares Mr. Cardarelli in the 
IMF Survey Magazine. “The main reason for our optimism is that we expect export growth to strengthen, as the recovery in the U.S. economy gradually steps up the pace.” 


Source http://www.theglobeandmail.com/globe-investor/investor-community/trading-shots/home-construction-slowdown-may-be-good-news-for-real-estate/article12171482/

photo credit:
www.jimsparrow.com