Multifamily Construction Remains a Built-for-Rent Market

An elevated rental share of multifamily construction is holding typical apartment size below levels seen during the pre-Great Recession period. As multifamily developers build more for-sale housing units in the years ahead, the average size of multifamily homes is likely to rise. According to third quarter 2018 data, the average per unit square footage of multifamily housing construction starts was 1,125, off from the... Read More ›

October Construction Starts Soar 21 Percent

… terminal categories.  Nonbuilding construction in October advanced 14% … indicates that nonresidential building construction starts continue to … development may dampen multifamily construction starts next year.” … million wind farm in Minnesota.  The public works …

Gains for Single-Family Built-for-Rent Construction

The number of single-family homes built-for-rent increased over the last four quarters. During this time period, construction starts of this type of housing totaled 43,000 homes, compared to 33,000 for the prior four quarters. There were 12,000 single-family built-for-rent starts for the third quarter of 2018. According to data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design and NAHB... Read More ›

Slight Growth for Custom Home Building

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building posted a small gain on a year-over-year basis. There were 54,000 total custom starts for the third quarter of 2018. This was a slight improvement over the third quarter of 2017 (51,000). Over the last four quarters, ending with the third quarter... Read More ›

Entry-Level Home Inventory Yields Declining New Home Size

Continuing a multiyear trend, new single-family home size decreased during the third quarter of 2018. New home size has been falling over the last three years due to an incremental move to additional entry-level home construction. According to third quarter 2018 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area decreased to 2,320 square... Read More ›

Reader Opinion: Investing in the future

But we won't have to wait four years for this improvement to start paying off. In fact, we'll start to see the benefits once the first shovel breaks ground. In order to build the quality facilities for state-of-the-art education, we need to attract …

Townhouse Construction Continues Strong Performance

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction posted continued to outperform other building sectors during the third quarter of 2018. Townhouse construction is set for further expansion given the demographics of renters entering the for-sale market, as well as ongoing land constraints and the growth of demand for... Read More ›

Printek Launches NEW 3” Mobile Thermal Printer Series

Rugged “Super Industrial” Mobile Thermal Printers Engineered for Demanding and Challenging Environments. ST. JOSEPH, MICHIGAN, UNITED STATES, November 20, 2018 /⁨⁩/ -- St. Joseph, MI — PrintekMobile, an industry leader in the field …

Builder Confidence Drops as Housing Affordability Issues Rise

Growing affordability concerns resulted in builder confidence in the market for newly-built single-family homes falling eight points to a level of 60 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Despite the sharp drop, builder sentiment still remains in positive territory. Builders report that they continue to see signs of consumer demand for new... Read More ›

TEXO Awards Adolfson & Peterson Construction with…

… Excellence in Construction National Level … Peterson Construction Adolfson & Peterson Construction (AP … construction managers and general contractors in the nation. Headquartered in Minneapolis, Minnesota … _adolfson_peterson_construction_with_distinguished_ …