Posted: May 1, 2018 | Cost Trends
Construction remains relatively strong, but compared to the last few years it’s not booming. Currently, it’s at a 4-5% increase over last year. Home prices are still moving upward because of short supply; not demand and this part of the equation needs to be watched. There is still some chatter of a looming sub-prime problem, let’s hope it’s unfounded.
Posted: January 4, 2018 | Cost Trends
The construction economy is still good. Commercial is strong and residential is still in positive territory. Housing prices are still moving upward mostly due to a lack of inventory and pent-up demand.
Posted: October 30, 2017 | Cost Trends
Commercial and residential construction still strong. Public construction down. Housing prices still moving upward (mostly due to a lack of inventory and pent-up demand).
Posted: October 26, 2017 | Cost Trends
Commercial construction still booming. Residential coming back, but public construction down. Housing inventory hits a 20-year low.
Posted: June 15, 2017 | Cost Trends
Construction is still going strong. Cheap money is soon to be a thing of the past with the Fed raising rates and indicating additional increases to come.