The coronavirus pandemic has widened the gap between winners and losers of retail, increasing the capacity of large U.S. chains that could remain open throughout the pandemic and feed America’s basic needs. The evidence was strong this week when nationwide retailers revealed they were heading out the summer months in …
Read More »Housing begins to rise 22.6% in July as Americans re-enter the housing market in trouble
The numbers: Activities at home build an important turnaround from the decay of the coronavirus. U.S. homebuilders began building homes at an annual adjusted annual rate of $ 1,496 million in July, up 22.6% from the previous month and 23.4% from a year ago, the U.S. Census Bureau reported Tuesday. …
Read More »DIY renovation projects offer the best return to homeowners, but there is a catch
Thanks to the coronavirus pandemic, Americans have much more free time, and they spend that time at home. Earlier in the health crisis, economists predicted that spending on renovation projects would actually sink in much of the country. But recent data shows that there has been a definite increase in …
Read More »New Zealand wants to review how buildings are constructed
The city of Wellington, New Zealand at night. Westend61 | fake pictures The New Zealand government unveiled plans for a program that aims to address greenhouse gas emissions in the construction and construction sector, and potentially protect the built environment against the impacts of climate change. Initially, the Building for …
Read More »Pending home sales had a historic rebound in May, meaning the worst may have already come for the property market
The counts: After two consecutive months of decline, the pending home sales index soared 44.3% in May compared to April, the National Association of Realtors said on Monday. The monthly increase was the largest since the National Association of Real Estate Agents began the index in January 2001. “This has …
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