Heightened expectations by the public for a delay or cancellation of government housing plans may cause a substantial rise in housing demand in the short-term.
An increase in construction starts in the 3rd quarter in contrast to the trend in preceding quarters; a rise in demand and existing fast track programs will likely support an increase in investment in construction.
Upward pricing pressures are likely to return and to increase in the short-term.
The upward trend in credit card purchases is continuing.
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