The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $1,459.4 billion, which is 0.9% above than October’s revised estimate. In addition, October’s figure was 3.8% higher than November, 2019. Residential construction was at a seasonally adjusted annual rate of $658.1 billion in November, which is 2.7% higher than October’s revised estimate. Continue reading HERE...
The NAHB’s Eye on Housing says the prices of goods used in residential construction increased 19.4%, year-over-year. Citing data from the Producer Price Index they point out that building materials (
A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long
The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than