Retail Construction Remains Steady: CoStar
While activity still trails earlier results, construction ticked up for the second quarter.
Home Reno Will Drive Builder Market for 2025
Whatever happens with mortgage rates, it will be existing homeowners renovating their homes that will be the big surge next year. The builder market may still be waiting for an expected reduction in interest rates to drive the new housing market but in the meantime, a new report is suggesting the renovation and home improvement […]
US Homebuilders Say Things Are Looking Up for ‘24
The construction industry still has a long way to go to get back to its boom days but new data suggests builders are getting more optimistic. Increasing consumer demand coupled with small drops in mortgage rates are all pointing in the same direction for US homebuilders: Up. New statistics from the National Association of Home […]
Rates Remain the Big Question for the New Year
No single factor weighs heavier on the building and construction industry for 2024 than interest rates and how they impact the cost of mortgages. This past year may not have been the worst of times for the building trade but it was far from the best. New housing and commercial building construction was severely impacted […]