According to recent data from the Associated General Contractors of America, construction employment increased by 31k jobs in November, 2021 with 10,300 jobs added in residential and 20,800 in the nonresidential categories. The AGC said construction firms would have added even more jobs if they could find more qualified workers with many firms reporting an increasing number of unfilled positions. Continue reading HERE...
Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies
The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw