October 2018 Volume 44, Number 10 | |||||
Construction Spending Increased 0.4 Percent From May to JuneConstruction spending increased 0.4 percent from May to June, marking a 4.5 percent year over year increase to a seasonally adjusted annual rate of $1,309.5 billion, according to data from the U.S. Census Bureau. Construction spending also rose 4.3 percent during the first five months of the year as compared to 2017, totaling $497.1 billion.
As compared to other sectors of real estate, residential real estate construction was among the top three sectors to experience the greatest annual percent change from 2016 to 2017, according to seasonally adjusted data collected by the U.S. Census Bureau. |
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Home Sales to International Buyers Decline, Says NAR 25 Percent of U.S. Homes Now Equity Rich Buyers Seek Out Smaller Markets As Home Prices Climb in Midsize Cities New Home Prices Have Dropped to Lowest Levels Since February 2017 Pending Home Sales Increase 0.9 Percent in June Construction Spending Increased 0.4 Percent From May to June Mortgage Rates Make a Comeback in Critical Moment for Housing Weekly Mortgage Applications Decline as Home Prices Rise Zillow Group Acquires Mortgage Lenders of America
How to Become a Neighborhood Expert and Build a Strong Real Estate Business
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