On a year-over-year basis, single-family permits experienced a 6.5 percent decline over the April 2018 level of 279,302. The total number of multifamily permits issued nationwide reached 149,921 so far this year, representing a 2.4 percent year-over-year increase.
The U.S. Department of Housing & Urban Development (HUD) and the Census Bureau estimate sales of new single‐family houses in March 2019 were at a seasonally adjusted annual rate of 692,000.
To come up with our findings, we analyzed census data to figure out where builders scored the most residential construction permits. The permits are for single-family homes, condos and co-ops, apartments, townhouses, and duplexes.
With some plastic bottles, old toys, and scraps of woods, designers at A-1 in Fort Pierce, Florida found unusual and intentionally difficult ways to display a truss through a process commonly known as a Rube Goldberg machine.
Thanks to a strengthening job market and lower mortgage rates, single-family home builders are becoming steadily more confident about their market opportunities.
Sunconomy, a U.S. construction company, has received permits to build its first 3D printed geopolymer additively manufactured house in Lago Vista, Texas.
Freddie Mac analysis shows that 370,000 fewer units were built in 2017 than needed to satisfy demand. Overall, the now housing shortfall ranges from a low of 0.9 million to a high of 4.0 million housing units, as of the second quarter of 2018.
