Goldman Sachs Forecasts High Home Prices & Mortgages for 2024

Despite some signs that interest rates may be leveling off and housing activity showing signs of life, the big investment banker says next year will still be a hard one for the building trade. There are some indications from the Federal Reserve that interest rates may be topping out while small pockets of the new […]

Construction Spending Ticks Up in May, Continuing Uneven Path

The building industry has been on a roller coaster ride the past year and that continued in May – in a good way – when spending in the U.S. beat expectations. Construction spending is still in recovery mode and is unlikely to hit the highs of the early years of the pandemic when the country […]