Construction Permits Surge

by | Feb 25, 2020 | Construction

Overall permits surged to a 13-year high to a seasonally adjusted annual rate of 1.57 million units according to a report from the U.S. Housing and Urban Development and Commerce Department. During this housing recovery, single-family housing starts have surpassed one...

HMI Soars 29 Percent Y-O-Y

by | Jan 20, 2020 | Construction

The National Association of Homebuilders released its recent results for the month of January 2020. The housing market index (HMI) came in at 75; this compares with the reported index for December of 76. The difference of one single point in the course of the market...

Finally, Meadowlands Complex to Open

by | Oct 21, 2019 | Construction

The date is set for October 25th, 2019. The American Dream ENT-Complex is seen to be the second largest water park in the world, as well as the world’s largest hydromagnetic water coaster, which will have a 1.5 acre wave pool able of generating 2- to 6-foot waves. The...

NAHB Reports Single Family Starts Up 4% in 2018

by | Oct 16, 2019 | Construction

PRESS RELEASE NAHB analysis of the Survey of Construction (SOC), nationally, there were 881,076 new single-family units started in 2018, 4% higher than the units started in 2017. It was the double of the units started in 2011, and still 49% less than the peak of 2007...