European Residential Construction: End of the Lean Period in Sight
According to EUROCONSTRUCT's latest forecast, residential construction activity in the network's 19 partner countries should stabilise at around -0.8% in 2013, after shrinking by around 3½% in Europe last year to 585 billion euros. However, the mood in the sector is confident. Construction experts expect the overall trend for the EUROCONSTRUCT group to be positive, and forecast growth of 2½% for 2014 and 3% for 2015.