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2023 industry recession to be deeper than first forecast

Construction Enquirer

this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Falling private new housing combined with recent government delays to major infrastructure projects has prompted the spring forecast downgrade from a previously forecast 4.7% fall in output.

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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . Thu, 10/06/2022 - 10:24.

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NAHB Predicts Multifamily Housing to Bounce Back in 2022

Pro Builder

NAHB Predicts Multifamily Housing to Bounce Back in 2022. The multifamily housing sector experienced regulatory and supply-side challenges, slow rent growth, and increased vacancy, positioning it for a weakened 2021. A recent NAHB analysis found 34% of multifamily construction in 2020 happened in lower density and lower cost markets.

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2020 Housing Giants Report: The Magnificent Middle

Pro Builder

2020 Housing Giants Report: The Magnificent Middle. Wed, 06/03/2020 - 13:00. In the shadow of the top 20 Housing Giants and their impressive numbers, midsize production builders are vital to the industry’s growth and resilience. 2020 Housing Giants Ranked. Previous: 2019 Housing Giants Report. .

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Multifamily construction market remains strong heading into 2020

BD+C

Multifamily housing will remain a robust market for A/E/C companies heading into 2020, according to the most recent results of PSMJ’s Quarterly Market Forecast (QMF) survey.

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Home Prices Predicted to Drop in Late 2020, 2021

Pro Builder

Home Prices Predicted to Drop in Late 2020, 2021. Fri, 07/24/2020 - 08:53. Economists predict May 2021 to be the time for dropping home prices, a result of economic damage and concern over the government’s ability to continue long term policies which have bolstered the housing market. cbroderick.

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When Can Buyers Expect an Improvement in Housing Affordability?

Pro Builder

When Can Buyers Expect an Improvement in Housing Affordability? Home prices are expected to fall by 8% in the year ahead, but according to Realtor.com, that doesn’t necessarily mean housing affordability is making a comeback. in May 2020, the group said. Thu, 11/17/2022 - 10:19. in October 2022 from 13.3%

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