With spending on private construction showing a significant increase, the Commerce Department released a report on Thursday showing U.S. construction spending jumped much more than expected in the month of
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U.S. Housing Starts Pull Back Sharply Amid Plunge In Multi-Family Starts
After reporting a substantial increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing housing starts pulled back by
Continue reading »Brooklyn Luxury Tower Hits Market With Pandemic Sapping Demand
Developer Sam Charney thought he’d planned for just about every market risk when he started construction on a luxury Brooklyn rental tower two years ago. A global pandemic wasn’t on
Continue reading »US home construction collapsed 22.3% in March
Pause on residential construction during coronavirus promotes safety: NAHB CEO NAHB CEO Jerry Howard discusses the pause being put on residential construction sites and home building being excluded from coronavirus
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