construction


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Housing starts soared in March, which is good news for a residential market hampered by low inventory and high demand. (iStock)
National

Good news: March housing starts soar 19%

Spring homebuilding season is here — and not a moment too soon. Privately owned housing starts surged to a seasonally adjusted rate of 1.739 million, up 19.4 percent from February’s revised rate of 1.457...

Good news: March housing starts soar 19%
The gains accounted for nearly a third of overall job growth. (iStock)
National

Construction, leisure & hospitality jobs rebounded in March

The leisure and hospitality industry bounced back in March, adding 280,000 jobs to the economy as hotels, restaurants and...

Construction, leisure & hospitality jobs rebounded in March
Bad weather was a factor in February's decrease in construction spending. (Getty)
National

Construction spending fell slightly in February

Thanks to bad weather and pricier materials, construction spending fell slightly last month — though it’s still higher than...

Construction spending fell slightly in February
Greensoil co-founders Gideon Soesman and Alan Greenberg (Greensoil)
National

Canadian VC firm launches $100M proptech fund

A Toronto venture capital firm has launched a $100 million proptech fund backed by one of Canada’s largest pension...

Canadian VC firm launches $100M proptech fund
Homebuilding is largely responsible for the increase in construction spending. (Getty / Photo Illustration for The Real Deal)
National

Construction spending hits new record in January

U.S. construction spending reached the highest level on record last month as both local and federal governments began loosening...

Construction spending hits new record in January
(iStock/Illustration by Kevin Rebong for The Real Deal)
National

Housing starts fall for first time since August

Housing starts fell in January, marking the first time since August that there hasn’t been month-over-month growth in residential...

Housing starts fall for first time since August
(iStock/Photo Illustration by Kevin Rebong for The Real Deal)
National

Spending on home construction jumps 21% in December

Homebuilding was strong in December and finished the year up 11.8 percent, while all other construction combined was flat...

Spending on home construction jumps 21% in December
Overall, the number of housing units that started construction last year was up 7 percent from 2019. (iStock)
National

Residential construction had busiest year since 2006: MBA

Residential construction continued to surge as 2020 came to an end, finishing off homebuilding’s busiest year since the housing...

Residential construction had busiest year since 2006: MBA
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