May Weakness in US Housing Construction Hides Improving Conditions

Housing market is improving, but slowly. "GDP growth has picked up even as housing has stagnated. New home construction is only 3 percent of GDP, so we should not be surprised.". (Originally.

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community building to improve physical, social, and economic conditions. lessons about the longer-term outcomes and effectiveness of these initiatives are limited, due in part to the challenge of evaluating them, insufficient evalu-ation time frames, and inadequate guiding theories of change. To maximize

The past five years have been among the toughest the construction industry has experienced: From a peak of almost $500 billion in revenue in 2008, nonresidential building construction fell to a low of less than $350 billion in just two years, and then improved only marginally through 2012, according to FMI’s Third Quarter Construction Outlook, 2013.

U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling.

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The severe weather in parts of the country accounts for some, though not all, of that first-quarter weakness. By some estimates, weather conditions. I therefore expected housing to be a much.

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problems and worsening the housing hardships that low-income families already face. Moreover, because funding for the voucher program would no longer be tied to a formula that reflects actual program costs and rents, the gap between housing needs and resources would almost certainly widen over time, undermining

As we ring in a New Year, Housing News Report asked six prominent economists to forecast what 2016 will bring for the U.S. housing market.. For housing, 2015 was a strong year, with home sales.