Housing will boost economic growth in 2013, analysts say

01/7/2013 | Daily Herald (Arlington Heights, Ill.)

Home sales and new construction are accelerating, setting the stage for the housing sector to contribute to higher U.S. growth in 2013, many analysts say. "Increased new residential construction activity will lead to employment gains, which should translate into higher consumption and modest GDP growth," said Robert Wetenhall, a homebuilding analyst with RBC Capital Markets.

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Daily Herald (Arlington Heights, Ill.)

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