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Single-Family Construction Permits Point to Building Growth

Pro Builder

Single-Family Construction Permits Point to Building Growth. Numbers for single-family home construction remained flat in May with a 675,000 seasonally adjusted annual rate, but permits are signaling a promising growth. Single-family permits jumped nearly 12% last month, only 1.8% cbroderick. Thu, 06/18/2020 - 10:07.

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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. After decades of underbuilding and a recent shift to remote work, Rappaport predicts that national single-family permits could eventually rise to a long-term annual rate of 1.4 Thu, 10/06/2022 - 10:24. NAHB reports.

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Single-Family Starts, Permits Increased in June

Pro Builder

Single-Family Starts, Permits Increased in June. With low interest rates and high interest in homes, the demand for single-family starts and permits rose almost 12% in June. Permits for single-family homes so far this year are 3.4% cbroderick. Mon, 07/20/2020 - 09:36. In May, the seasonally adjusted rate for starts was 709,000.

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Single-Family Starts Drive New-Home Construction Surge

Pro Builder

million in October while permits remained at September’s same level of 1.545 million. Housing starts exceeded MarketWatch economist expectations, but permitting fell short. Economists forecasted new-home starts to hit 1,49 million and permits to hit a pace of 1.57 increase in the South.

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Plan now, build later: How data helps future-proof your designs

BD+C

Projects get dragged out because of approvals, permitting, weather and other unforeseen circumstances, further diminishing the relevance of the original design data. Until recently, these cost forecasts have been guesswork at best. Delays happen. The interval between design and construction makes projecting costs incredibly difficult.

Design 78
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Builders Pull Back Due to Building Material Costs and Labor Issues

Pro Builder

The NAHB forecast includes some weakening for single-family home building at the start of 2021 (off recent highs last Fall), with a return to the long-run post-Great Recession trend as the year progresses. This is consistent with the 3-month moving average data plotted above.

Materials 105
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Maryland Vetoes Renewable Energy Portfolio Standard Increase

Green Building Law Update

Maryland ratepayers already were assessed over $104 million dollars for renewable energy credits in 2014 (the last year for which data is available), most of which went to subsidize solar installations. House Bill 1106 would have imposed an additional burden on ratepayers each year.

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