Tag Archive for ‘remodelling’

Private Residential Construction Spending at Post-Recession High

NAHB analysis of Census Construction Spending data shows that total private residential construction spending grew 1.2% in March to a seasonally adjusted annual rate (SAAR) of $503.4 billion. This is 7.5% higher than a year ago and represents a new post-recession high. The monthly gains are largely attributed to the strong growth of private construction spending on both multifamily and… Read More ›

Construction Spending Rises in December

NAHB analysis of Census construction spending data shows that total private residential construction spending for December increased to a seasonally adjusted annual rate of $430 billion. On a month-over-month basis, private single-family spending was $231 billion, up by 1% over the revised November estimate. Private multifamily spending also increased to $53 billion, up by 2.66%. Over the same period, private… Read More ›