Housing in 2015: 'We Are in a Slow March Back to Normal'

A house under construction in Louisville, Ky. Photographer: Luke Sharrett/Bloomberg

The thump of air hammers and the whine of mini-dozers will be heard a bit more in 2015. Housing construction should continue to climb back in the new year, although it probably won’t get all the way back to its long-run average. “We are in a slow march back to normal,” David Crowe, chief economist with the National Association of Home Builders, said in a December statement.

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