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Building sector hopes confidence is no house of cards

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Building sector hopes confidence is no house of cards
© Pavel Kudryavtsev – [[www.123rf.com 123RF.com]]</span>The rebound in the FNB/BER building confidence index is a "positive surprise", says John Loos, property economist at FNB. But he warns it comes off a low base and will be difficult to sustain given the poor economic fundamentals affecting the sector.
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