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HOUSING STARTS HIT HIGHEST PACE SINCE 2006

HOUSING STARTS HIT HIGHEST PACE SINCE 2006

Single-family housing starts ended 2020 on a high note, rising 12% in December to a 1.338 million unit pace – the highest pace since 2006, according to the Census Bureau. That’s up 27.8% from one year ago, a remarkable figure given the e...

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SUBURBAN SHIFT FOR HOME BUILDING IN Q2 2020

SUBURBAN SHIFT FOR HOME BUILDING IN Q2 2020

The Q2 2020 results of NAHB’s Home Building Geography Index (HBGI) show geographical trends of the home building industry as the novel coronavirus, COVID-19, spread quickly through the United States. Although the pandemic caused widespread ec...

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UPDATE ON CORONAVIRUS MARKET IMPACTS | WEEK 8

UPDATE ON CORONAVIRUS MARKET IMPACTS | WEEK 8

With the spread of the Coronavirus seemingly slowing down in the past week, the housing market is also offering some glimpses of hope as pending sales remained on the rise and more properties were added to the market. While the impact associate...

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UPDATE ON CORONAVIRUS MARKET IMPACTS | WEEK 7

UPDATE ON CORONAVIRUS MARKET IMPACTS | WEEK 7

The impacts associated with COIVD-19 are still being tallied and negative reports continue to roll in regarding the depth and breadth of the negative consequences the economy will suffer. It is clear that the difficulties will continue for at l...

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HOW WILL CORONAVIRUS CHANGE OUR HOMES ?

HOW WILL CORONAVIRUS CHANGE OUR HOMES ?

We all wonder how COVID-19 will change our lives and habits and whether we will return to our old normal. Confined to our houses, we are also more aware of the space we share and the limitations of our homes, and we reflect on how they could b...

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UPDATE ON CORONAVIRUS MARKET IMPACT | WEEK 5

UPDATE ON CORONAVIRUS MARKET IMPACT | WEEK 5

Evidence of the economic consequences of Coronavirus began to roll in in earnest this week. The U.S. economy continues to experience unprecedented increases in joblessness and our first hard evidence on consumer spending, which has accounted fo...

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