U.S. Construction Spending Up Slightly in September The U.S. government is reporting that total construction spending in September, 2022 was at a seasonally adjusted annual rate of $ 1,811.1 billion, which is 0.2% higher than August’s revised estimate but is 10.9% higher than one year ago. Residential construction came in at a seasonally adjusted annual
U.S. Construction Spending Down 0.4% in July The U.S. government is reporting that total construction spending in July, 2022 was at a seasonally adjusted annual rate of $ 1,777.3 billion, which is 0.4% lower than June’s revised estimate but is 8.5% higher than one year ago. Residential construction came in at a seasonally adjusted annual
Single-Family Built-for-Rent Construction Surges The NAHB’s Eye on Housing says Single-family built-for-rent (SFBFR) construction surged during Q2, 2022 as higher mortgage rates caused homebuying affordability to decline. According to analyzed Census data, there were approximately 21k single-family built-for-rent (SFBFR) starts during the second quarter of 2022 – a 91% gain over Q2, 2021. “The SFBFR
U.S. Construction Spending Up 1.1% in June The U.S. government is reporting that total construction spending in June, 2022 was at a seasonally adjusted annual rate of $ 1,762.3 billion, which is 1.1% higher than May’s revised estimate and 8.3% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate
New Construction: What you need to know about siding your home Few other home improvements have such a dramatic, immediate impact on curb appeal. Continue reading at realestate.boston.com. The post New Construction: What you need to know about siding your home appeared first on Boston.com Real Estate.
Construction Delays in the Apartment Industry Ongoing as Costs Rise The National Multifamily Housing Council says 97% of apartment developers report experiencing construction delays. Breaking that down, they say that of those experiencing overall delays, 83% reported delays in permitting and 93% reported delays in starts. In addition, they found that 87.5% of developers avoid
