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2023 industry recession to be deeper than first forecast

Construction Enquirer

this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Falling private new housing combined with recent government delays to major infrastructure projects has prompted the spring forecast downgrade from a previously forecast 4.7% fall in output.

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2020 Housing Giants Report: The Magnificent Middle

Pro Builder

2020 Housing Giants Report: The Magnificent Middle. Wed, 06/03/2020 - 13:00. In the shadow of the top 20 Housing Giants and their impressive numbers, midsize production builders are vital to the industry’s growth and resilience. 2020 Housing Giants Ranked. Previous: 2019 Housing Giants Report. .

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Housing Prices Threaten the Federal Reserve's Inflation Outlook

Pro Builder

Housing Prices Threaten the Federal Reserve's Inflation Outlook. Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the Wall Street Journal says housing costs appear to be more persistent than expected. cbroderick. Tue, 08/10/2021 - 09:28.

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

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Lumber Prices Hit Record High, Threatening Housing's Momentum

Pro Builder

Lumber Prices Hit Record High, Threatening Housing's Momentum. The price tops the most recent peak of $955 set in September 2020 and continues a general pattern of escalation since initial COVID-19 stay-at-home restrictions were put into effect nearly a year ago. Fri, 02/12/2021 - 14:34. Rich Binsacca. and Canada. and Canada.

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NAHB Chairman's Letter: Regulations Add $93,870 to a New Home’s Price

Pro Builder

How overregulation is exacerbating the nation’s housing affordability crisis. The study found that regulations imposed by all levels of government account for $93,870, or 23.8%, of the current average sales price ($394,300) of a new single-family home. Overregulation is exacerbating the nation’s housing affordability crisis.

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20 construction industry trends to watch in 2020

Building Radar

Top trends in the construction industry 2020 How will the construction industry develop in 2020? We have studied and evaluated numerous sources – discover with us the most important trends and developments in the construction industry in 2020. Today a house can be printed in 24 hours.