It’s often cited as the root of the economic malaise that has gripped America for much of the last six years. But things are starting to pick up in the residential construction industry as improved national employment figures, significantly lower interest rates, fewer foreclosures and overall optimism have led to an upswing in residential home [...]

The U.S. Census Bureau and the Department of Housing and Urban Development announced good news today regarding building permits, housing starts and housing completion numbers posted in October. Privately owned housing units authorized by building permits were at a seasonally adjusted rate of 866,000. This is below the revised September rate of 890,000 but 29.8 [...]

Last week, some of the industry’s leading economists took a look at the housing market and where it is headed during a webinar sponsored by the Associated General Contractors of America (AGC). The webinar, titled “A Construction Recovery at Last—but How Long and How Strong?,” featured Kermit Baker, chief economist for the American Institute of [...]