The rebound of the housing market has meant a boost to the home construction market. Home construction had nearly come to a halt during the Recession, as building in 2009, 2010 and 2011 was less than one-third of the level it was during the housing boom.2 Builders are breaking ground on new developments, which is good news for buyers competing for a limited number of existing homes on the market, as well as those who want a brand new home.

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