construction Pent-Up Demand in Housing Market After the financial crisis, many college graduates moved back in with their parents and unemployed and underemployed relatives were forced to bunk with their family members. As the economy seemingly recovers, analysts wonder
industry trends U.S. Home Construction Up 4.4% in December The U.S. Commerce Department released the home-construction report. U.S. home construction is up 4.4% in December. The New York Times reports that home construction rose 8.8% in the South,
Construction News Home Builder Sentiment Up in November...But Home Sales Disagree The NAHB homebuilder sentiment went from 54 in October to 58 in November. This November matches the second-highest level hit since 2005. Reuters reports, “November marked the fifth straight month with a reading
Construction News Rentals Up in September Happy Hump Day! Here is your industry update: Housing starts were up in September by 6.3% to a seasonally adjusted annual rate of 1.017 million homes. Most of these gains came
Construction News Homebuilder Sentiment Up...Mortgage Applications And Home Sales Hit Multiyear Lows The NAHB (National Association of Home Builders) sentiment reaches 2014 year highs. Meanwhile, mortgage applications and home sales hit multiyear lows. This disconnect is problematic for builders… Below is a graph that shows