Per the latest report from the United States Department of Commerce, construction spending surged to its highest settlement in April since January 2016. This also marks its biggest increase since 2012. The construction market in the United States has been looking up for some time now. Moreover, broad-based factors like low levels of unemployment, strong job additions in the construction sector and positive consumer confidence have fueled the sector’s growth. Under such circumstances, investing in real estate mutual funds seems prudent.

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Source: Nasdaq