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Will homebuilding ever return to the highs of 2006?

We are forecasting housing starts to surge by almost 40% over the next few years, reaching 1.5m by the end of 2017. It’s possible that starts could rise even more rapidly in the short term as builders make up for under-building in recent years. But there are good reasons why we are unlikely to see starts regain their pre-recession highs of more than 2m in the foreseeable future.


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