Single-family housing starts in May were at a rate of 924,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 0.4% above the revised April figure of 920,000. Privately-owned housing starts in May were at a...
Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in during 2024, according to a new data report from Redfin (NASDAQ: RDFN). Last year’s figures marked a 27.1% decline from 17 units per 10,000 people during the pandemic-era...
A Phil Hall Op-Ed: I am sure you are familiar with a quote that says: “Insanity is doing the same thing over and over again and expecting different results.” I was reminded of that quote this week when learning that Canadian voters opted to continue the...
Foundational Builders Corporation, a Los Angeles-based residential and commercial construction firm, announced its expansion beyond California into Arizona and Florida. According to the company, the expansion “aligns with the company’s long-term vision of addressing...
Investment in Canada’s residential sector will move past a mostly stagnant 2025 into a steady series of increases from 2026 to 2034, according to the 2025–2034 Construction and Maintenance Looking Forward forecast published by BuildForce Canada. The forecast predicts...
Blackstone Mortgage Trust Posts $327 Million Loss, Cuts Dividend 36% as Off…
