According to McGraw Hill Construction, the seasonally adjusted annual rate of $604.1 billion amounts to a 10% increase nationwide in September. This welcome increase follows a the disappointing yo-yo pattern of July and August, and marks the highest level in … Continue reading
Category Archives: Market Analytics
While the signs of a market slowdown for new residential construction have begun to surface, the construction spending numbers for August were still high enough to offset the effects of the slowdown. According to the Federal Savings Bank, Americans increased … Continue reading
Both monthly and yearly numbers for local home construction in Tulsa slipped in August. 215 homes broke ground last month. This number is slightly lower than the 271 homes breaking ground in July and the 231 homes that broke ground … Continue reading
The Bureau of Labor Statistics reported a Q2 GDP estimate of 4.6% last week, which seems to indicate a definite long-term economic recovery, but the faltering housing market indicates that our economic health is still precarious. Homes.com recently released their … Continue reading
HBW subscribers keeping up with the Atlanta area’s residential building permit activity trends have known about the major housing developments that are currently underway in Forsyth County. Last Friday, another winner was added to the mix. This October, SunBelt Atlanta … Continue reading
Real estate mega-site Trulia has finally confirmed what HBW subscribers have already known: Houston is hot for home building. According to Trulia, Houston is the fourth most powerful home building market in the country. Those seeking residential construction job leads … Continue reading
2014 saw the Oklahoma City housing market slowly build back up. Pre-existing home sales have steadily increased. But even as areas near Moore and Edmond have expanded out, the home building market in Oklahoma city hasn’t quite rallied to the … Continue reading
After 6 years of doldrums, the overall housing market in the U.S. is finally back on track. But the new residence sector of the market is “running in place,” maintaining the modest gains made over the beginning of the year … Continue reading
According to the American Institute of Architects, commercial building has reached its highest point since 2007. The Architectural Billings Index, which is used to predict construction spending for the next 9-12 months, scored the current market at 55.8. Scores of … Continue reading
According to the National Association of Home Builders/Wells Fargo Housing Market Index, confidence in the national homebuilder market is decidedly up, marking August as the third consecutive month for gain in the index. August brought the average two points higher … Continue reading