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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. After decades of underbuilding and a recent shift to remote work, Rappaport predicts that national single-family permits could eventually rise to a long-term annual rate of 1.4 Thu, 10/06/2022 - 10:24. NAHB reports.

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Single-Family Construction Permits Point to Building Growth

Pro Builder

Single-Family Construction Permits Point to Building Growth. Numbers for single-family home construction remained flat in May with a 675,000 seasonally adjusted annual rate, but permits are signaling a promising growth. Single-family permits jumped nearly 12% last month, only 1.8% cbroderick. Thu, 06/18/2020 - 10:07.

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Single-Family Starts, Permits Increased in June

Pro Builder

Single-Family Starts, Permits Increased in June. With low interest rates and high interest in homes, the demand for single-family starts and permits rose almost 12% in June. Permits for single-family homes so far this year are 3.4% cbroderick. Mon, 07/20/2020 - 09:36. In May, the seasonally adjusted rate for starts was 709,000.

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Single-Family Starts Drive New-Home Construction Surge

Pro Builder

million in October while permits remained at September’s same level of 1.545 million. Housing starts exceeded MarketWatch economist expectations, but permitting fell short. Economists forecasted new-home starts to hit 1,49 million and permits to hit a pace of 1.57 increase in the South.

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Why Charlotte Could Be the Hottest Housing Market of 2023

Pro Builder

With strong forecasted home value growth, a healthy local economy, fast-moving inventory, and a growing share of prospective buyers, Charlotte, NC is predicted to be the hottest housing market of 2023. Housing Markets. New-Home Sales. Housing Markets.

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Housing Starts Slumped in November Despite Retreating Mortgage Rates

Pro Builder

Mortgage rates fell slightly throughout November, but despite a gradual improvement in housing affordability, new housing starts and building permits posted monthly declines. Much like new housing starts, building permits also suffered a tough blow in November, dropping 11.2% Wed, 12/21/2022 - 10:47. November housing starts fell 0.5%

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Plan now, build later: How data helps future-proof your designs

BD+C

Projects get dragged out because of approvals, permitting, weather and other unforeseen circumstances, further diminishing the relevance of the original design data. Until recently, these cost forecasts have been guesswork at best. Delays happen. The interval between design and construction makes projecting costs incredibly difficult.

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