Search
  • Metro East REIA

Construction Spending Up 1.4% in August

The U.S. government is reporting that total construction spending in August was at a seasonally adjusted annual rate of $1,412.8 billion, which is 1.4% above than July’s revised estimate.  In addition, August’s figure was 2.5% higher than August, 2019.  Residential construction was at a seasonally adjusted annual rate of $589.4 billion in August, which is 3.7% higher than July’s revised estimate. Continue reading HERE...

0 views0 comments

Recent Posts

See All

Housing Starts Up 6.3% in June

The U.S. government is reporting that privately‐owned housing starts in June were at a seasonally adjusted annual rate of 1,643,000, which is 6.3% higher than May’s revised number. However, this figu

Existing Home Sales Up 1.4% in June

The National Association of Realtors is reporting that existing home sales were up 1.4% in June to a seasonally-adjusted annual rate of 5.86 million (up 22.9% from one year ago). Total housing invent

Rise of the Sister Cities

The Pandemic has altered life as we know it in many ways – some of which are becoming more apparent every day. John Burns Real Estate Consulting says many buyers & renters that are no longer required