Heading into the summer with 20 new homes already under construction, Thorndike certainly agrees! The Patriot Ledger reports:
Residential construction activity in this region is approaching pre-recession levels after a half-decade in the doldrums. In the 12 months ending Feb. 29, builders took on $2.3 billion worth of residential construction in the Greater Boston metropolitan area, according to research from McGraw-Hill Construction. The figure represents nearly a 20-percent increase over the same period the previous year.
Rising consumer confidence, accelerating real estate sales volume and low mortgage rates have set the stage for a construction recovery.