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Dodge Report: Construction will grow 9 percent in 2015

Single-family housing is projected to grow 15 percent; multi-family will grow nine percent.


Dodge Data & Analytics released its Construction Outlook report that shows a 5% increase in construction activity this year and forecasts a 9% increase next year. The report notes construction financing is becoming easier to obtain and more construction bonds are being passed. Office, institutional, single- and multi-family housing and public works sectors will see largest gains in spending, according to the report.

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In its Construction Outlook report, Dodge Data & Analytics says that following a five per cent increase this year, the overall value of construction spending which takes place throughout the United States will rise by nine per cent in calendar 2015 as financing for projects becomes easier to obtain, investors shift to real estate as an asset class and more construction bond measures are passed.

Leading the way will be the office, institutional, single-family housing, multi-family housing and public works sectors, in which spending is tipped to rise by 15, nine, 15, nine and five percent, respectively. These rises are due to strong activity in the technology and finance area, improved access to home mortgage loans, more building of new schools, respectable levels of residential tenant occupancies and rent growth and a stabilisation of levels of highway and bridge construction as well as an increasing financing role on the part of states.

- See more at: http://sourceable.net/us-construction-boom-set-to-roll-on/#sthash.xDwwkd0d.dpuf

In its Construction Outlook report, Dodge Data & Analytics says that following a five per cent increase this year, the overall value of construction spending which takes place throughout the United States will rise by nine per cent in calendar 2015 as financing for projects becomes easier to obtain, investors shift to real estate as an asset class and more construction bond measures are passed.

Leading the way will be the office, institutional, single-family housing, multi-family housing and public works sectors, in which spending is tipped to rise by 15, nine, 15, nine and five percent, respectively. These rises are due to strong activity in the technology and finance area, improved access to home mortgage loans, more building of new schools, respectable levels of residential tenant occupancies and rent growth and a stabilisation of levels of highway and bridge construction as well as an increasing financing role on the part of states.

- See more at: http://sourceable.net/us-construction-boom-set-to-roll-on/#sthash.xDwwkd0d.dpuf

In its Construction Outlook report, Dodge Data & Analytics says that following a five per cent increase this year, the overall value of construction spending which takes place throughout the United States will rise by nine per cent in calendar 2015 as financing for projects becomes easier to obtain, investors shift to real estate as an asset class and more construction bond measures are passed.

Leading the way will be the office, institutional, single-family housing, multi-family housing and public works sectors, in which spending is tipped to rise by 15, nine, 15, nine and five percent, respectively. These rises are due to strong activity in the technology and finance area, improved access to home mortgage loans, more building of new schools, respectable levels of residential tenant occupancies and rent growth and a stabilisation of levels of highway and bridge construction as well as an increasing financing role on the part of states.

- See more at: http://sourceable.net/us-construction-boom-set-to-roll-on/#sthash.xDwwkd0d.dpuf

In its Construction Outlook report, Dodge Data & Analytics says that following a five per cent increase this year, the overall value of construction spending which takes place throughout the United States will rise by nine per cent in calendar 2015 as financing for projects becomes easier to obtain, investors shift to real estate as an asset class and more construction bond measures are passed.

Leading the way will be the office, institutional, single-family housing, multi-family housing and public works sectors, in which spending is tipped to rise by 15, nine, 15, nine and five percent, respectively. These rises are due to strong activity in the technology and finance area, improved access to home mortgage loans, more building of new schools, respectable levels of residential tenant occupancies and rent growth and a stabilisation of levels of highway and bridge construction as well as an increasing financing role on the part of states.

- See more at: http://sourceable.net/us-construction-boom-set-to-roll-on/#sthash.xDwwkd0d.dpuf

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