Tagged : construction

Found 10 blog entries tagged as "construction".

new_construction_buchachon_450money.cnn.com - As construction and homebuyer activity in communities across the country demonstrate, the housing market continues to recover. Home prices nationwide were up as much as 13% in the past year, which helped lift four million homeowners from being underwater.

And while the collapse of the housing market was a major cause of the Great Recession, stronger residential investment has helped boost economic growth over the last few years by spurring construction activity and helping American families build back their hard-earned wealth.

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marketwatch.com - Home builders are as confident as ever — nearly eight years to be more precise. Whether that will translate into actual construction remains to be seen.

The National Association of Home Builders/Wells Fargo housing market index rose 3 points to 59, marking the fourth rise in a row. Economists polled by MarketWatch had expected a 55 reading. July’s level was downwardly revised by a point to 56.

Any reading above 50 is considered “good.”

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bozemandailychronicle.com - Hoping to spur more construction, the city of Bozeman will allow developers to delay paying their street impact fees.

The Bozeman City Commission voted unanimously Monday night to adopt a resolution allowing the fees to be paid later in the building process, when a structure is ready to be occupied rather than when construction begins.

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usatoday.com - The aftermath of the housing bust forced many homebuilders to dramatically scale back construction on new homes to avoid the risk of ending up saddled with a trove of newly built, yet unsold properties.

But an improving housing market has homebuilders feeling more confident about sales, and that's likely to kick the pace of new construction into a higher gear this year.

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money.cnn.com - The long-battered housing market is finally starting to get back on its feet. But some experts believe it could soon become another housing boom.

Signs of recovery have been evident in the recent pick ups in home prices, home sales and construction. Foreclosures are also down and the Federal Reserve has acted to push mortgage rates near record lows.

 But while many economists believe this emerging housing recovery will produce only slow and modest improvement in home prices, construction and jobs, others believe the rebound will be much stronger.

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money.cnn.com - Signs of recovery have been evident in the recent pick ups in home prices, home sales and construction. Foreclosures are also down and the Federal Reserve has acted to push mortgage rates near record lows.

But while many economists believe this emerging housing recovery will produce only slow and modest improvement in home prices, construction and jobs, others believe the rebound will be much stronger.

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dsnews.com - Given improvements seen in housing, Fannie Mae revised its housing forecast higher for 2012 and 2013 in its November economic outlook report.

According to the GSE, the fundamentals are set in place for a “solid” housing recovery, such as low interest rates, rising prices, and a labor market that’s healing.

Considering these developments in housing, the GSE’s Economic & Strategic Research Group anticipates single-family housing starts will jump 25 percent this year, then rise by another 22 percent in 2013.

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businessweek.com - New-home construction unexpectedly climbed to a four-year high in October, more evidence of a revival in the industry that’s helping propel the U.S. economy.

Housing starts rose 3.6 percent to a 894,000 annual rate, the fastest since July 2008 and exceeding all estimates in a Bloomberg survey, Commerce Department figures showed today in Washington. The median forecast of 82 economists called for an 840,000 pace. Permits for the construction of single-family homes also advanced to the highest in four years.

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CNNmoney.com - The Census Bureau said housing starts and permits rose substantially in August. Separately, sales of previously occupied homes climbed 7.8% from a year ago, according to the National Association of Realtors.

Builders started on new homes at an annual rate of 750,000, up 29.1% compared with a year earlier. They applied to build another 803,000 new homes on an annual basis, a 24.5% jump compared with August 2011.

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realtytimes.com - New housing starts were on the rise for the month of August according to HUD and the U.S. Census Bureau. This 2.3 percent rise was prompted by gains seen in the single-family sector.


The National Association of Home Builders (NAHB) reports that "the pace of new construction rose in every region for a combined 5.5 percent gain to 535,000 units." This is fastest seasonally adjusted rate in more than two years.

 

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