housing

Germantown, Tennessee - Construction is set to begin by Mainland Companies. The firm will be building luxury garden estate homes in Germantown, Tennessee. Mainland has received approval to build five 3-story attached residences which will range between 4,400 to 5,600 square feet.  The Construction Project Mainland, a…

Umaine Launches the First Bio-based 3D printed Home As a Proposal To Bring Forth Economical Housing On November 21st, researchers at the University of Maine Advanced Structures and Composites Center (ASCC) presented the world’s first Bio-based 3D printed home, composed of 100 percent bio materials. The house, named “BioHome 3D” is described as…

United States Of America - Building permits in the United States increased 0.3 percent from a month earlier to a seasonally adjusted annual rate of 1.76 million in January of 2022, from the previous month's 1.755 million and below market expectations of 1.77 million. Single-family authorizations jumped 6.8 percent to a rate of 1,205 thousand…

Washington, D.C. - In November 2021, housing starts in the United States increased 11.8 percent to an annualized rate of 1.679 million, the highest level since March and well above the market consensus of 1.568 million. Single-family housing starts increased 11.3 percent to 1.173 million, while units in buildings with five or more units…

Washington, U.S. - The home ownership rate of 65.4 percent was lower than the third quarter 2020 rate of 65.4 percent (67.4 percent). The South and West had lower home ownership rates than the third quarter of 2020, while the Northeast and Midwest had no statistically significant difference in home ownership rates. Rate of Home Ownership …

Ottawa, Canada - Canada In September 2021 value of construction permits increased by 4.3 percent month over month to CAD 10.1 billion, rebounding from a downwardly revised 2.0 percent fall the previous month and exceeding market estimates of a 3.1 percent increase. Residential construction intentions increased 8.2 percent to CAD 6.9 billion,…

Washington, D.C. - Nancy Pelosi and other leaders in Washington worked into the midnight hours last night coming together on passing the debt limit increase. The measure now heads to the house. The debt ceiling crisis and infrastructure bill are a major hurdle right now to get the country on track for a prosperous outcome. We are tracking…

US Housing Starts Highest Since 2006 US housing starts shot up 19.4% to 1.739 million in March. This is the highest level since June 2006 and well above analysts estimates of 1.613 million.The housing market has gained strength the last year due to low interest rates and increased population shift swaying from  cities due to the coronavirus…