New home construction in Canada is slowing, but remains above pre-pandemic levels. Data from the Canada Mortgage and Housing Corporation (CMHC) shows new housing starts slowed in January 2022. The number of new homes to begin construction fell below last year’s level . Financial institutions expect this to continue forRead More →

The housing market has exploded in 2021 as few would have expected. What’s on the horizon in 2022? Home prices are at record highs and many policy makers and industry professionals have begun to look to construction to ease shortages. Of course, the construction industry has faced pressing challenges, includingRead More →

HHousing experts see continued strong demand throughout this decade for Joplin, and they recommend doubling down on construction. City officials this week received the results of a comprehensive housing market analysis commissioned from a Philadelphia firm, Urban Partners. The results were discussed Monday at a Joplin City Council business meeting.Read More →

By MATT OTT, AP Business Writer SILVER SPRING, Md. (AP) – New home construction in the United States rebounded 11.8% in November, as strong demand continued to boost builder confidence even as the slower winter season approached. The double-digit percentage increase last month left homebuilding at a seasonally adjusted annualRead More →

Demand for condominiums, especially new developments, has increased in Connecticut at a time when the rate of multi-family home construction has plummeted, industry professionals have said. Much of that demand has come from homeowners who have downsized to take advantage of the booming housing market, real estate agents said. InRead More →

ORLANDOFlorida and MIAMI, November 10, 2021 /PRNewswire/ — Rigor, a new DeFi app designed to end the long-running “affordability crisis” plaguing housing markets, today launched its “100 Homes” beta program in Central Florida with a supply chain of lenders and home builders eager to modernize this vital industry and increaseRead More →

“I kind of noticed that I was driving around town and looking at the houses, and I started to like it even more,” he said. “And then HGTV and all that” pushed him into the homebuilding industry again. Temple, born and raised in Grand Forks, graduated from Red River HighRead More →

More single-family homes are being built in Michigan than at any time in the past 14 years, but rising labor and material costs combined with a shortage of workers and a chain of unpredictable supply frustrates developers and buyers alike as the pandemic creates a perfect storm of crisis proportions.Read More →

NEW YORK, November 1, 2021 / PRNewswire / – BizVibe has made available more than 1,000 business profiles for the home construction and renovation category on its B2B platform. The companies listed in this product category are mainly engaged in the construction and renovation of residential buildings (such as housingRead More →

Apartment rentals are skyrocketing across Texas, latest report from National Association of Real Estate Agents (NAR). This is good news for landlords, but tenants face steep rent increases. The Dallas-Fort Worth area has dominated the country over the past 12 months with 47,182 apartments occupied, Houston in second place atRead More →

DDesigned to provide broad exposure to the Industry – Engineering and Construction segment of the equity market, the iShares US Home Construction ETF (ITB) is a passively managed exchange-traded fund launched on 01/05/2006. Although they are an excellent vehicle for long-term investors, passively managed ETFs are a popular choice amongRead More →

You are reading Entrepreneur United States, an international Entrepreneur Media franchise. This story originally appeared on Zacks Designed to provide broad exposure to the Industry – Engineering and Construction segment of the equity market, the iShares US Home Construction ETF (ITB) is a passively managed exchange-traded fund launched on 01/05/2006.Read More →

Designed to provide broad exposure to the Industry – Engineering and Construction segment of the equity market, the iShares US Home Construction ETF (ITB) is a passively managed exchange-traded fund launched on 01/05/2006. Although they are an excellent vehicle for long-term investors, passively managed ETFs are a popular choice amongRead More →

SILVER SPRING, Maryland – US homebuilding fell 1.6% in September as builders continued to be stranded by supply chain bottlenecks. The Commerce Department reported on Tuesday that the drop in September left housing construction at a seasonally adjusted annual rate of 1.56 million units, 7.4% above the rate a yearRead More →

Elevation 92 Construction Services, Inc. builds and renovates unique properties that are customized exactly to your specifications. Founded in 1991 by second-generation builder Michael New, Elevation 92 has built more than $ 250,000,000 of homes in luxury developments in California, Colorado and throughout Mexico, including two best in show winners.Read More →

Missoula is on a record pace for new home construction this year. “We are seeing incredible activity,” said Eran Pehan, director of the city’s Office of Community Planning, Development and Innovation. Until the end of July 2021, the city has processed 921 permits for single-family homes and rentals. Building permitsRead More →

Thursday September 23, 2021, 4:31 p.m.Article: Property and construction Home construction costs rose 2.2% in the June quarter according to CoreLogic’s Cordell Housing Price Index (CHIP), largest increase on record – Chief Real Estate Economist Kelvin Davidson explains why. The construction sector is operating at full speed and pressures haveRead More →

US homebuilding rebounded 3.9% in August after declining in July with strong apartment construction Through MARTIN CRUTSINGER AP Economics Writer September 21, 2021, 4:30 p.m. • 2 minutes to read Share on FacebookShare on twitterEmail this article WASHINGTON – US residential construction rebounded 3.9% better than expected in August, onRead More →

You are reading Entrepreneur United States, an international Entrepreneur Media franchise. This story originally appeared on The Epoch Times Home construction fell sharply in July, proving that high construction costs and soaring house prices continued to be a drag on the housing market. Housing starts fell 7 percent to aRead More →

The pace of new residential construction declined month over month in July. Private single family home starts slipped 4.5% to 1,111,000 units, according to the US Census Bureau and the Department of Housing and Urban Development. Year over year, this represents an 11.7% gain from the July 2020 rate ofRead More →

New home construction fell 7 percent in July as builders tackled massive backlogs on more recent contracts, data released by the Commerce Department showed Wednesday. Private housing starts hit a seasonally adjusted annualized rate of 1.53 million in July, falling below the revised June rate of 1.65 million while remainingRead More →