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Tag: homebuilders: Page 3
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Home starts rebound 6 percent in July as permits and builder confidence soar
We’ll say this for the current home construction recovery: it doesn’t stay down for long. Following a 10-percent drop in June, new home starts in July rose 6 percent to a seasonally-adjusted annual rate of 896,000, according to data from the Commerce Department Friday. It’s a good sign, as home starts inch closer to regaining the […]
August 16, 2013
Business
Materials shortage pushes homebuilders even farther off the pace of demand
In addition to the skilled labor shortage currently keeping the construction industry from meeting the increased housing demand it has seen in the past 6 to 10 months, a shortage of building supplies is now keeping these contractors even further off pace, reports Reuters. According to the report, regional building materials makers—the companies that supply […]
July 29, 2013
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