New construction starts plummet 9.3% in June

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FALL RIVER – If. Durfee Tech building into a new housing and commercial space should begin in August. “These are complicated deals. The project is scheduled to close all of its financing in August.

Residential starts plunged 12.3 percent to 1.17 million in June, the lowest in nine months, according to a new Housing Starts report from the Census Bureau and the Department of Housing and Urban.

New construction starts in June decreased 7 percent from the previous month to a seasonally adjusted annual rate of $595.1 billion, according to Dodge Data & Analytics. The nonbuilding construction sector (public works and electric utilities) fell sharply after being lifted in May by the start of a $3.8 billion oil pipeline in the upper Midwest.

On a Monday night in early June, David Lofton sat in the. to increase affordability set-asides for new construction. Landlords also remain skeptical. Some said that they fear their buildings will.

The Federal Energy Regulatory Commission on Friday approved construction of the 400M cf/day project to expand WMB’s existing Transco nat gas pipeline. wmb says it could start building the ~$1B NESE.

The U.S. Commerce Department reported Thursday that housing starts fell 9.3% in June to a seasonally adjusted annual rate of 893,000, led by drops for single-family homes and apartments.

New home construction fell by the most in five months in July. Housing starts fell 4% despite lower mortgage rates. The fall came despite expectations for growth, and June numbers were also revised.

Construction starts plummet in July By: David Winzelberg August 29, 2019 0 The number of New York-area residential construction starts plunged last month, as both residential and nonresidential.

The lingering impact of the recession on the new home construction industry in the Calgary area was again evident with the release of July’s new home starts report from Canada Mortgage and.

As the prime home-selling season drew to a close, sales in the Austin area increased 5.8% to 3,189 home sales in August compared to the same month last year.

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New construction starts in December climbed 12% to a seasonally adjusted annual rate of $733.3 billion, bouncing back following November’s 12% decline, according to Dodge Data & Analytics.