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Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

February 2021 Residential Building Growth Mixed Headline residential building permits declined and construction completions improved. The rolling averages improved for permits and construction completions. Analyst Opinion of Residential Building We seem to be seeing and bad month, followed by a good month, and then another bad month. The backward revisions this month were small. It is always difficult to understand the trends as the backward revisions sometimes reverse trends month-to-month. The nature of this industry normally has large variations from month-to-month (mostly due to weather) ...

December 2020 Residential Building Growth Improves Headline residential building permits improved and construction completions also improved. The rolling averages improved for permits but worsened for construction completions. Analyst Opinion of Residential Building We seem to be seeing and bad month, followed by a good month, and then another bad month. The backward revisions this month were small. It is always difficult to understand the trends as the backward revisions sometimes reverse trends month-to-month. The nature of this industry normally has large variations from month-to-month (mo...