Page 36 - Mark Vitner News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Softening Housing Growth Allows a Surprise Slide in May US Construction Spending Investments in housing construction did not grow enough to continue overcoming the months-long decline in nonresidential spending, but promising hints of softening lumber prices and infrastructure funding offer short- and long-term hope July 1, 2021 data: US Department of Commerce; graph: ForConstructionPros.com Slowing spending on single-family residential construction allowed a surprise slip in total May U.S. construction spending. Groups of economists surveyed by The Wall Street Journal and Reuters ahead of ...

High prices are responsible for the sale of new U.S. single-family homes to have fallen to a one-year low in May

High prices are responsible for the sale of new U.S. single-family homes to have fallen to a one-year low in May

Lumber prices are rising, which could push housing prices higher and strengthen the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL).

In the fifth straight month of declining nonresidential outlays, signs of a turnaround surface in office, commercial and lodging segments, backlogs, architecture billings and post-pandemic emergence