Numbers: U.S. homebuilders began building homes at a seasonally adjusted annual rate of about 1.77 million in February, up 6.8% from revised figures for the previous month, reported Thursday the US Census Bureau. Compared to February 2021, housing starts increased by 22%. Meanwhile, permits for new homes came in atRead More →

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 →

Construction of new homes in the United States fell in January for the first time in four months, indicating that pandemic-related labor absences have tempered recent gains in construction activity. Residential housing starts fell 4.1% last month to an annualized rate of 1.64 million, according to government data released Thursday.Read More →

Construction underway at Scripps Ranch Hub in 2021. Courtesy of Sudberry Properties The recovery from the pandemic recession has been positive for California commercial real estate, with solid industrial and multi-family housing and retail experiencing “new demand not experienced in years.” That was the word Wednesday from the Allen Matkins/UCLARead More →

BRATTLEBORO — Citing the proposal’s failure to meet zoning district standards, the Development Review Board denied an application to build a single-family home at 55 Black Mountain Road. Wednesday’s decision will not be finalized until it is reviewed by council chairwoman Maya Hasegawa in the coming weeks, zoning administrator BrianRead More →

The dollar volume of residential and overall real estate sales in Pitkin County continued to innovate in 2021, but the groundbreaking construction of a home will be a different story in 2022. Pitkin County property sales – which included mansions, commercial buildings, hotel fractions, vacant lots, horse stalls, employee quarters,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 →

The pace of homebuilding in the Colorado Springs area fell in November for the fourth month in a row, a likely byproduct of builders who slowed production because they run out of materials and supplies and failed. enough workers. “Product availability and labor,” said Chad Thurber, president of local builderRead 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 →

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 →

New expense slips for the construction of new homes. Remodeling takes over Construction spending in August, financed by public and private funds, was essentially unchanged of the previous month. The Census Bureau said total construction spending was at a seasonally adjusted annual rate of $ 1.584 trillion, unchanged from July.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 →

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 →

Residents of a bustling residential area of ​​Edinburgh are worried about traffic jams after a new three-story apartment building is given the green light. Edinburgh City Council granted permission to developers First Scot Limited for the proposal on August 19. The developers want to build nine two-bedroom apartments, with parking,Read 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 →

Larger residential construction is likely intended for an area of ​​Montgomery County that is simultaneously gaining new public schools. The Montgomery County Commission on Monday evening approved the application to rezone Gordon Seay’s property, from agricultural district AG to single-family residential district R-1. Seay said the rezoning would pave theRead More →

City Works is a regular column that strives to provide an overview of projects presented to Planning Council, Zoning Council and the Heritage Commission by posting agendas and relevant information to keep the public informed of this. that is happening. ZONING BOARD UPDATES Last week, the Zoning Board granted waiversRead More →