housing

Press Releases

Construction Materials Prices Increase for the Year

Prices for construction materials moved higher in January, propelled by large jumps in items used in new housing and nonresidential building renovations, according to an analysis of new federal figures released today by the Associated General Contractors of America. Association officials said that contractors were paying more for materials even as the pending federal spending “sequestration” threatens to cancel an estimated $4 billion worth of construction activity this year.

Press Releases

Housing Starts Down on Typical Multifamily Volatility

Due to a double-digit dip on the typically volatile multifamily side, nationwide housing starts declined 8.5 percent to a seasonally adjusted annual rate of 890,000 units in January, according to newly released data from HUD and the U.S. Census Bureau. Meanwhile, issuance of permits for new-home construction rose 1.8 percent to 925,000 units - the quickest pace since mid-2008.

Press Releases

Housing, Building Products & Furniture Sector Improves

Researched by Industrial Info Resources (Sugar Land, Texas) -- Looking at proposed capital and maintenance project activity planned for 2013, it appears that the Industrial Manufacturing Industry's housing, building products and furniture sector is poised to rebound and to increase its total annual spending in the coming months.

Press Releases

Harvard's JCHS Releases Major U.S. Remodeling Report

After languishing for several years, the U.S. remodeling industry appears to be pulling out of its downturn, and a renewal of the nation’s housing stock is underway, according to a major report being released by the Joint Center for Housing Studies of Harvard University.