NYC developer: Ironically, many of protested Amazon perks are ‘on the books’ for all newcomers

The political pressure that sunk Amazon's New York City deal was borne out of a lack of understanding of the benefits, says billionaire William Rudin.

Existing Home Sales Dropped for the Third Straight Month in January

Existing home sales dropped for the third straight month in January, according to the latest report from the National Association of Realtors. This is the lowest level in recent three years. Total Existing home sales, including single-family homes, townhomes, condominiums and co-ops, decreased 1.2% to a seasonally adjusted annual rate of 4.94 million in January, the lowest level since November... Read More ›

Multifamily Builder and Developer Confidence Weakens Slightly in Fourth Quarter

Builder and developer confidence in the multifamily market weakened slightly in the fourth quarter, according to the National Association of Home Builders’ Multifamily Market Survey. The Multifamily Production Index (MPI) fell one point from the previous quarter to 47, with a number below 50 indicating that more builders report market conditions are getting worse than improving (Figure 1). Meanwhile, the... Read More ›

US existing home sales fall sharply to 3-year low

The U.S. housing market has been stymied by a sharp rise in mortgage rates since 2016 as well as land and labor shortages.

Aclara Energizes The Industry By Expanding Power Sensor Product Line For 48kV Sub-Transmission Networks

… ; said Eric Clement, Supervising Engineer, Minnesota Power. In the UK, where … range of non-residential and residential construction and electric, gas and water …

SoftBank’s latest real estate bet is in a start-up that’s taking on the physical storage industry

SoftBank's Vision Fund led a $200 million investment in Clutter at a $600 million valuation.

Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season

Applications to purchase a home increased 2 percent for the week — the first uptick in four weeks — a sign of optimism in the housing market.

Stockland faces ‘challenging’ residential real estate market

Mark Steinert, CEO of Stockland, says the biggest challenge in the Australian housing market is the contraction in credit.

Dodge Momentum Index Recovers in January

The Dodge Momentum Index rose 4.7% in January to 157.7 (2000=100) from the revised December reading of 150.6.