Tag Archives: Residential Construction

Housing starts stall, optimism doesn’t

Despite an unexpected and substantial fall in new home construction in June, industry analysts appear undeterred in their veritable housing euphoria. “This reflects a characteristically volatile multi-family sector rather than renewed weakness, and we expect homebuilding volumes to rise further … Continue reading

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Home Prices See Largest Annual Gain in Six Years

Despite the strong gains, home prices are still down approximately 28-29 percent from their peaks in the summer of 2006 and are now back at levels not seen since late 2003. While prices continue to improve, there are still headwinds, … Continue reading

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Housing Recovery Shows Up In Job Gains

Residential construction jobs increased by just over 6,000 in April from the previous month, according to the Bureau of Labor Statistics, and residential specialty trade contracting jobs (plumbers, electricians, roofers, etc.) grew by over 7,000. Those workers need more trucks, … Continue reading

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More Jobs in Housing, but Workers Aren’t Returning

“One of the reasons is because they are not paying well yet,” said Lisa Marquis Jackson, an analyst with John Burns Real Estate Consulting. “The wages were cut so much in the downturn, so until those prices get back to … Continue reading

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Allen Matkins/UCLA Anderson California Commercial Real Estate Survey Shows …

LOS ANGELES, Jul 12, 2012 (BUSINESS WIRE) – Developer sentiment continues to show signs of optimism and solid indications of impending new commercial development, according to the current semi-annual release of the Allen Matkins/UCLA Anderson California Commercial Real Estate Survey. … Continue reading

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