After just shy of two years of decline, the US Single-Unit Housing Starts annual rate-of-change ticked upward with June and July data. While the 12-month moving total (12MMT) is still down...
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After just shy of two years of decline, the US Single-Unit Housing Starts annual rate-of-change ticked upward with June and July data. While the 12-month moving total (12MMT) is still down...
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High mortgage rates have been contributing to significant decline in US Single-Unit Housing Starts since the middle of 2022. There is fear, confusion, and misinformation regarding the...
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Affordability = Earnings + Home Prices + Mortgage Rates + Size What is new: Earnings are rising (adjusted for inflation). Home prices are declining. Mortgage rates are down. Single-family...
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US Total Nonresidential Construction is on a tear. The $923 billion spent over the last 12 months is a record high.
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From the President's Desk Construction
Use caution if you are planning on investing in commercial real estate.
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From the President's Desk Construction
“Seeing the Future First” is important at ITR Economics, as it sums up our purpose and our passion. That is not always easy for a business leader, even a seasoned one, to do. As an example,...
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