Northeast drives gains in building permits, housing starts
Building permits and housing starts in the U.S. jumped in September, largely driven by activity in the Northeast. Privately...
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Housing starts jump as homebuilder confidence rises
The number of homes under construction surged across the U.S. last month as homebuilder confidence kept rising. In September,...
Leisure and hospitality gain 318K jobs in September as economic growth lags
The leisure and hospitality industry led employment gains in September with 318,000 jobs added to the economy, trouncing the...
Housing demand sent construction spending up in August
Spending on construction, particularly in the housing sector, plowed ahead in August. Money flowing into construction projects ticked up...
Bloomberg construction director pleads guilty to tax fraud
Bribes are taxable income, as a former Bloomberg construction director was reminded when he pleaded guilty to tax fraud...
Retail adds nearly 250K jobs in August
The retail sector added nearly a quarter-million jobs in August, notching the highest growth among private industries. General merchandising stores added 116,000 workers, while automobile and appliance sales each added about 20,000 positions. (Related:...
What delinquencies? Banks aren’t shying away from construction lending
UPDATED, Sept. 1, 2020, 11:00 a.m.: Bankers ran for the hills when the pandemic hit, but got back to...
Covid will push new apartment deliveries to 5-year low: Report
Add new apartment construction to the long list of coronavirus casualties. More than 280,000 new rental units are projected...
How code could make multifamily construction more predictable
When first looking to raise funds for their construction-tech startup in 2017, Ben Huh and Michael Yarne steered clear...
The REInterview: Social Construct’s founders on making multifamily construction an assembly line
“Nothing can be said to be certain except death and taxes,” goes the old chestnut. If you’re a real estate developer, you could add...
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