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Construction Material Costs Up In 2012
Continuing increases in the prices of key building materials could put a damper on the new-home market with the cost of cement, drywall and lumber up 35% for the year while inflation is running at about 2%, data from the National Association of Home Builders show
posted 12/21/12 09:41 AM read complete story
Home Building Spending Up
While overall U.S. construction dipped 0.7% in August from a month earlier, financing of home construction increased 0.9%, pushing residential spending to a seasonally adjusted annual rate of $273.5 billion. That is nearly 18% higher than a year ago and another indication the housing market
posted 10/1/12 4:58 PM read complete story
Asbestos Red Tape Slows Demolitions
Ohio cities and the state's congressional delegation want the Environmental Protection Agency to ease asbestos remediation rules they contend are slowing efforts by cities and land banks to raze and rehabilitate abandoned properties for neighborhood stabilization and redevelopment.
posted 8/3/12 11:45 AM read complete story
Home Construction Boosting GDP
Steady job growth and improved consumer confidence help to increase home sales and home prices could bottom out this year says the latest State of the Nationís Housing report compiled by the Joint Center for Housing Studies of Harvard University.
posted 6/15/12 11:34 AM read complete story
Energy Codes New Housing Cost Woes
New energy codes could dramatically increase the construction costs of each unit in a multifamily apartment building says a new study from the National Multi Housing Council and the National Apartment Association.
posted 5/4/12 12:28 PM read complete story
(INDICATORS) Construction Sector Adds 5,000 Jobs in April
The construction industry continued to struggle on the job front in April, adding a cumulative 5,000 positions. ...
posted 5/13/11 11:32 AM read complete story
(VETERANS HOUSING) Home Depot Aids Veterans Housing
The charitable arm of Atlanta-based Home Depot pledges $30 million over three years to address veterans' housing needs. Home Depot volunteers also will help on projects aided by the firm.
posted 4/15/11 12:15 PM read complete story
(PREFAB HIGHRISE) NY 34-Story High-Rise Will Be Pre-Fab
A 34-story entirely prefabricated affordable housing tower will become the residential centerpiece of the mammoth Atlantic Yards project in Brooklyn, NY. Developer Bruce Ratner settled on prefabrication to cut costs. The
posted 3/18/11 12:41 PM read complete story
(SOFTWOOD LUMBER) Canada Bows To Lumber Ruling
Canada says it will increase export charges on softwood lumber to the United States after an arbitration court ruled the government wrongly subsidized lumber exports. The issue has plagued both countries for more
posted 2/25/11 12:10 PM read complete story
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