SAVANNAH, Ga., Sept. 19, 2019 SRI COASTAL LLC, a provider of installed fiberglass and spray foam insulation, fireplaces, garage doors, gutters, and after-paint products in the Savannah Metro Area, has acquired certain assets of Topshelf Builder Specialties Inc., a residential and commercial installation company based in Savannah, Georgia.
August was the strongest month for sales of U.S. homes in nearly a year and a half, sparking fresh hope that a protracted slump in the housing market may finally be starting to reverse. Sales of previously owned U.S. homes rose 1.3% in August from July to a seasonally adjusted annual rate of 5.49 million, the National Association of Realtors said Thursday. Economists surveyed by The Wall Street Journal expected sales to fall 1.1% last month.
SAN DIEGO, Sept. 19, 2019 eSUB Construction Software, the only field data and construction operations platform purpose-built for subcontractors, proudly announces the release of My Schedule for eSUB Time employee time tracking mobile application.
Sales volume remains elevated, but economic concerns may outweigh the bargain low rates offer. The numbers: Sales of previously-owned homes jumped 1.3% in August as falling mortgage rates continued to entice consumers. Existing-home sales occurred at a 5.49 million seasonally-adjusted annual pace in August, up from a 5.42 million rate in July, the National Association of Realtors said Thursday.
Permits to build new homes rose 8% to a seasonally-adjusted annual pace of 1.42 million, the fastest pace since 2007. The numbers: Construction on new houses jumped 12% in August to the fastest pace in years as the multi-family market stabilized and mortgage rates dropped, despite an otherwise volatile month. Housing starts increased to an annual rate of 1.36 million in August, up from a revised 1.22 million in July, according to the monthly report from the Commerce Department.
The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. The FOMC announcement is scheduled for Wednesday at 2:00 p.m. ET, followed by a press conference with Fed Chairman Jerome Powell at 2:30 p.m. ET. Forecasts were last updated on Monday afternoon.
The median square footage of new single-family construction fell 4.3% in the second quarter. The numbers: The National Association of Home Builders' monthly confidence index increased one point to 68 in September, matching the highest reading in a year, the trade group said Tuesday. The trade group also revised its August figure up by one point to 67..
WASHINGTON--A measure of U.S. home-builder confidence improved in September, the National Association of Home Builders said Tuesday. --NAHB's housing market index rose to 68 this month from a revised level of 67 in August. Economists surveyed by The Wall Street Journal had expected the reading to remain unchanged.
ATLANTA and PORTLAND, Ore., Sept. 17, 2019 CrowdStreet, Inc., a technology provider with an online marketplace for direct equity investment in commercial real estate, today announced the largest, fastest crowdfunding event in its history, raising $25 million in three hours on its platform for an Opportunity Zone redevelopment in Atlanta led by Parkway Property Investments, LLC.
WASHINGTON, Sept. 17, 2019 The Q3 2019 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index released today climbed to a record high score of 77, up from 74 in Q2 2019. Half of all contractors expect revenue increases over the next year, rising 14 points quarter-over-quarter.
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