Economic Panel Predicts Housing Will Continue to Gain Ground

The newly enacted tax law will create a more favorable tax climate for the business community, which should spur job and economic growth and keep single-family housing production on a gradual upward trajectory in 2018, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando.

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Industry Associations Laud Tax Legislation

Congress has approved the Tax Cuts and Jobs Act, a massive plan to overhaul the tax code. The measure passed the House 224 to 201 as overwhelming Republican support carried the bill past unanimous Democratic opposition and ‘no’ votes from 12 GOP members. The House vote comes after the Senate approved an identical measure, with all Democrats opposed and all…

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