Euroconstruct forecasts 1.5% decline in housing completions for 2014

Positive impulses ensue principally from demographic effects

In Europe, according to current housing construction forecasts, Euroconstruct expects a decline of 1.5% in completed housing units in 2014 by comparison with the preceding year to 1.35m units. In 2015 and 2016 completions are then expected to increase by 3% to 1.39m units and by 2.6% to 1.426m units respectively. ...

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