The NAHB attributed the monthly increase in its construction spending index to single-family construction and single-family improvements, both of which rose by 2% on a monthly basis. Multifamily construction, meanwhile, declined 0.3% after falling 0.9% in February.
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The DHS announcement comes in response to businesses reporting an immediate need for supplemental, temporary guest workers for this fiscal year.
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The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.
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Confronted with rising prices and bidding wars, long-haul house hunters are increasingly throwing in the towel.
The post Sold to the highest bidder: Share of homebuyers getting outbid nearly doubles appeared first on Atlanta Agent Magazine.
The U.S. economy added 1.4 million new jobs in August, but one economist warns that permanent job losses are a bigger problem.
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Real estate industry associations oppose the decision and are calling on Congress to provide rental assistance to housing providers.
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Small metro suburbs did the best in terms of construction with a more than 10% increase over a year ago.
The post NAHB: Residential construction up in the suburbs nationwide appeared first on Atlanta Agent Magazine.