On November 15, 2021, the New York City Council approved a bill banning gas hookups in new buildings, making the largest city in the United States the latest in a series of municipalities to ban gas infrastructure. natural gas in new homes and buildings. In the two and a halfRead 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 →

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 →

All of the leaders in the business world have faced changes in their organizations to survive and thrive throughout the continuing pandemic. John Riggins, Talley Riggins Like other industries, construction companies face challenges including supply chain disruptions, rapidly rising material costs, and labor shortages. Navigating these issues requires skillful pivot,Read 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 →

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 →

At a time when Indian farmers are suffering losses due to poor achievements and wastage, it is the deployment of modern management practices that is supposed to fill the existing gaps in agricultural trade, management experts believe. Highlighting the main problems of farmers such as income reduction and exploitation throughRead More →

But clothing is the second smallest retail category. Sales in the largest, drugstores and various stores increased 71.5% to $ 16.60 billion. It’s a large segment, comprising drug stores like Walgreens and specialty retailers that sell everything from gift cards to sporting goods. Many stores are in malls that wereRead 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 →

HONOLULU (HawaiiNewsNow) – Video of a record number of freighters waiting at the Port of Los Angeles this week tells much of the story: a global bottleneck for shipping goods, including construction materials destined for Hawaii. Even though the construction industry has been one of the brightest economic sectors hereRead More →

RALEIGH, NC (WNCN) – A lumber shortage earlier this year pushed up prices, but that shortage is now starting to end, which could be good news for homebuyers in the Triangle. “We need more and more housing to accommodate the thousands of people who move here every year,” said PaulRead 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 →