The housing and construction market is booming. There are 30,000 new construction jobs since November and builders expect to add thousands more in 2018, as the demand for new homes continues to soar. The Commerce Department suggests the staggering $1,200,000,000,000 increase in construction spending isn't about to slow down, despite frigid weather in much of the country. Market experts believe that higher consumer confidence and optimism is responsible for the increased real estate demands.
Over 200,000 construction jobs were added in 2017.
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