Tag: Multifamily
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CONSTRUCTION SPENDING HITS 17-MONTH HIGH IN NOVEMBER WITH MONTHLY GAINS IN ALL SEGMENTS
CONSTRUCTION SPENDING HITS 17-MONTH HIGH IN NOVEMBER WITH MONTHLY GAINS IN ALL SEGMENTS BUT PUBLIC SPENDING DOWN 5.3 PERCENT COMPARED TO LAST YEAR Date: January 3, 2012 Both Single- and Multifamily Homebuilding Improve from October and Year Ago; Private Nonresidential Increases from November 2010 are Widespread; Most Public Categories Drop from Year-Earlier Levels Construction spending totaled…
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Decline in Commercial Real Estate Sectors Appears to be Slowing
Washington, August 19, 2009 Commercial real estate activity has suffered from a severe credit crunch for commercial sectors, sustained job losses and weak consumer spending, although the decline appears to be slowing. A forward-looking indicator shows commercial real estate will remain weak into 2010, but recent actions by the Federal Reserve should improve some flow…