Jack Bjorklund
-
October Private Residential Construction Spending Rises
Private residential construction spending grew by 1.5% in October, according to the most recent US Census Construction Spending...
-
Higher Rates Lower October New Home Sales
In October, many potential home buyers stayed away due to steadily rising mortgage rates and continued affordability issues....
-
NAR: October Existing Home Sales Rebound
Existing home sales returned from a 14-year low in October, posting the first yearly increase in more than...
-
Freddie Mac: Higher Mortgage Rates Slow October Housing Production
According to Freddie Mac, housing starts decreased last month as the average monthly mortgage rate rose by a...
-
Townhouse Construction Gains Momentum
Year-over-year improvements in townhouse construction continued in the third quarter of 2024, as demand for medium-density housing remained...
-
Housing Costs Continue to Fuel Inflation
Inflation increased again in October, indicating that the last push to the 2% objective will be the most...
-
Second-Quarter Sawmill Production Rises
The production index for sawmills and wood preservation businesses increased by 0.2% in the second quarter of 2024....
-
3Q Multifamily Developer Sentiment Was Mixed
Confidence in the market for new multifamily homes was mixed year on year in the third quarter of...
-
ABC: Nearly Half of State Construction Unemployment Rates Dip Since Last Year
The national not seasonally adjusted construction unemployment rate in September 2024 was 3.7%, down 0.1% from the previous...
-
Single-Family Starts Rise in September
In September, single-family starts experienced a modest increase as a result of the Federal Reserve’s easing of monetary...
