Construction Archive

Demand in REALTORS® Commercial Markets Outpaces Construction in Q2.2015

Commercial space is heavily concentrated in large buildings, but large buildings are a relatively small number of the overall stock of commercial buildings. Based on Energy Information Administration data approximately 72 percent of commercial buildings are less than 10,000...

Latest Housing Starts

The latest data on housing starts suggests the construction of new apartments is now well above historical trends.  On the other side of the coin, the construction of condominiums and single-family homes continues to be well below historical trends. ...

Latest New Home Sales (May 2015)

New home sales increased for the second straight month.  Homebuilders are now focusing on lower-priced and smaller-sized homes as evidenced by a lower median price.  But the supply is still short of demand.  Expect general push up to home...

Latest Housing Starts (April 2015)

New home construction is desperately needed to alleviate the on-going inventory shortage in much of the country.  Good news!  Housing starts rose decisively in April.  The growth in new home construction will further help expand employment in the construction...

Latest GDP (2015 Q1)

The latest GDP growth rate was next to nothing.  Without GDP, job growth and home sales will come to a halt.  Luckily, the weak growth in the first quarter appears to be a one-off event.  The upcoming GDP numbers...