article thumbnail

4 Commercial Construction Industry Trends and Predictions for 2019

HardHatChat

It has been another successful year for Englewood Construction, and with the calendar flipping over to December we’re excited to see what 2019 will bring. The competitive hiring market for senior housing staff points to a pipeline of work refreshing and updating employee work stations and break areas at existing senior communities.

article thumbnail

Weekly Inventory Up Year-Over-Year for the First Time Since 2019

Pro Builder

Weekly Inventory Up Year-Over-Year for the First Time Since 2019. Housing inventory is slowly climbing as buyer demand, home sales slow due to mortgage rate hikes. Year-over-year inventory was down 30% from 2019 levels at the start of the year, but current year-over-year supply is unchanged from mid-2019.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

David Baker Architects wins 2019 HUD 'best in affordable housing' honor

BD+C

The American Institute of Architects’ (AIA) Housing Knowledge Community in conjunction with the Office of the Secretary of the U.S. Department of Housing and Urban Development (HUD) are recognizing four housing designs with the 2019 AIA/HUD Secretary's Awards.

Housing 102
article thumbnail

Mortgage Rates Highest Since October 2019

Pro Builder

Mortgage Rates Highest Since October 2019. Following strong employment in January, the most prevalent 30-year fixed mortgage rate is steadily rising toward 4.0%, the highest since October 2019, Bill McBride reports in the CalculatedRisk Newsletter. Housing Policy + Finance. Housing Policy + Finance. Affordability.

Finance 99
article thumbnail

2022 Housing Market in Review: A Year for the Record Books

Pro Builder

As demand skyrocketed while housing supply remained historically low, home prices soared to an all-time high of $430,365 in May, and median rent prices also reached a record high of $2,053 in August. Since December 2019, inventory has declined year over year until it finally rose in June 2022.

Housing 98
article thumbnail

Bidders wanted for £3.2bn housing repairs deal

Construction Enquirer

The procurement arm of social housing consortium Efficiency North is looking for bidders for the latest version of its Installation and Repairs Framework. It will be available for social housing projects across Yorkshire and Humber, the East Midlands and the north west.

Housing 71
article thumbnail

From Coast to Coast, the Housing Shortage Is Growing

Pro Builder

From Coast to Coast, the Housing Shortage Is Growing. Housing shortages have traditionally been a problem for coastal cities and states like San Francisco, Los Angeles, New York and Washington, but that deficit appears to be growing across the entire nation, The New York Times reports. Housing Markets. Thu, 07/14/2022 - 10:25.

Housing 98