Building permit delays set to push up new housing costs



Construction projects across the nation are facing delays due to local authorities inability to award building permits in a timely fashion, builders say.

Housing Starts Reach Highest Level Since 2008



According to a recent article in Realtor Mag, figures from the Commerce Department show housing starts for single family homes reached their highest levels for more than six and a half years at the end of last year.  This shows the housing market is continuing to recover, particularly as experts regard construction as being an […]

Housing Starts Rose to 1 Million in April



Housing starts are back on the rise, but the most recent surge is due to a growth in the multifamily market, according to the latest data from the U.S. Department of Housing and Urban Development and Census Bureau.

Housing Starts for Single-Family Homes Increased in August



Figures from the Commerce Department show that housing starts for multifamily homes fell in August, but the number of permits to build single-family homes increased substantially. Overall housing starts increased by a seasonally adjusted rate of 0.9%, reaching 891,000 units. According to the article in AOL.com, this figure is less than had been predicted by […]

Last Month Saw Housing Starts Rise by 5.9%



Figures from the US Census Bureau and the HUD show that the seasonally adjusted annual rate of nationwide housing starts rose to 896,000 units in July. Multifamily construction increased compared to the previous month, while single-family construction declined slightly compared to June.

Construction Industry Rebounds?



Last month saw a massive increase in the number of new home constructions and building permits being handed out, a big sign that the new-home market is finally pulling itself out of one of its worst slumps in living memory. The Washington Post reported that last month, builders broke ground on new homes at a […]

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