Tag: multifamily housing

Business

Jan. construction starts slip 2%, pulled by 18% nonbuilding construction dip

Following December’s 13-percent hike, the value of new construction starts in January slipped 2 percent to a seasonally adjusted annual rate of $725.9 billion, according to Dodge Data & Analytics. In addition, the Dodge Index for January was 154, compared to December’s revised 156 and November’s 138. There were several contrasts to the December results. […]

February 22, 2018

Roadbuilding

Highway and bridge construction starts climb 27 percent

The value of new construction starts dipped four percent in October to a seasonally adjusted annual rate of $589.8 billion. According to Dodge Data & Analytics, the decline followed a 10 percent increase reported in September, which was the strongest month for total construction starts thus far this year. However, highway and bridge construction starts saw […]

November 25, 2014

Business

Rising materials costs, labor shortage, financing woes preventing apartment builders from meeting demand

As we reported last Friday, construction on new homes was up 6 percent in July largely thanks to a 26-percent jump in apartment construction. And that’s been the case for just about the entire year. Any time there’s a gain in overall home starts, apartments are the main contributor. And as we told you back […]

August 19, 2013

Business

NAHB: Multifamily housing will remain strong in 2013

During a panel at the International Builders’ Show in Las Vegas, experts from the National Association of Home Builders said multifamily housing will continue to lead the housing market’s recovery in 2013. The NAHB cites the multifamily market’s recovery, noting that it is at about 70 percent of the way back to a sustainable level. […]

January 23, 2013

Home

Housing production declines, permits rise in July

Nationwide housing production was down 1.1 percent to a seasonally adjusted annual rate of 746,000 units in July, according to HUD and the United States Census Bureau. However, builders pulled more permits for planned new-home projects than they have in any month since August of 2008. After four consecutive months of gains, single-family housing starts […]

August 16, 2012