A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and ...
Tags: Construction, Decoration
Higher prices for construction materials and nonresidential construction will squeeze margins for construction companies despite an overall improving construction outlook, Associated General Contractors said. AGC’s analysis of ...
Tags: private-sector demand, improve market, materials cost increases
December housing starts dropped 9.9%, the Commerce Department said Jan. 17. Starts fell to an annual rate of 999,000 units in December from a revised 1.1 million pace in November, which was the highest since November 2007. Economists ...
Tags: Housing, Housing Drop, U.S.Housing
The chief economist for the Associated General Contractors of America (AGC) predicts that the construction industry will add as many as 300,000 new jobs next year to decisively rebound from a recession that had crippled it. This could mean ...
Tags: decoration, employment
Builder confidence in the market for newly built, single-family homes improved four points to a 58 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for December. This gain reflected improvement in ...
Tags: Construction, Decoration
U.S. prices for polyvinyl chloride (PVC), the plastic most widely used in construction, are set to rise by five cents per pound in the first two months of 2014. This is a significant price increase in a market that will see producers end ...
Tags: PVC, construction
Markets in 54 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets ...
Tags: housing markets
The Remodeling Market Index (RMI) continued to climb at a modest pace in the third quarter of 2013 rising two points to 57, the highest reading since the first quarter of 2004, according to the National Association of Home Builders (NAHB). ...
Tags: Remodeling Market, Construction, Decoration
With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as several challenges remain, according to economists who participated in the ...
Tags: Construction, Decoration
A total of 291 metropolitan areas across the country now qualify as improving housing markets, according to the National Association of Home Builders/First American Improving Markets Index (IMI) for September, released today. This reflects ...
Tags: Construction, Housing Markets
A shortage of buildable lots, especially in the most desirable locations, has emerged as one of the key factors holding back a more robust housing recovery, according to the latest survey on the topic conducted by the National Association ...
Tags: Construction
The American Architectural Manufacturers Association (AAMA) and the Window & Door Manufacturers Association (WDMA) have jointly released the August update to the AAMA/WDMA 2012/2013 U.S. Industry Statistical Review and Forecast. This report ...
Tags: Construction, door, window
A total of 247 metropolitan areas across 49 states and the District of Columbia qualified for inclusion on the National Association of Home Builders/First American Improving Markets Index (IMI) for August, released recently. While this is ...
Tags: Construction, Decoration
NEMA's Lighting Systems Index increased in the first quarter of 2013 following a 3.4 gain in the fourth quarter of 2012, growing 5.4 percent on a quarter-to-quarter basis and by 3.8 percent on a year-over-year basis. Lighting equipment ...
Tags: Lighting Equipment, Lighting Systems, Lights, Lighting
Driven by rising home prices and growing demand,the U.S.housing recovery is well underway,concludes The State of the Nation's Housing report released today by the Joint Center for Housing Studies of Harvard University.While still at ...
Tags: housing recovery, home prices, demand, renter