In a sign that the housing market continues to lead the economy during the coronavirus outbreak, sales of newly built, single-family homes rose to its highest pace since 2006, up 13.9 percent to a seasonally adjusted annual rate of 901,000 units in July.
According to a recent industry report, sales of radiant heating products were driven by growth in the homeowner and trade professional customer segments despite widespread lockdowns due to COVID-19.
With the U.S. gaining 1.8 million jobs in July and the national unemployment rate at 10.2% compared to the nearly historic high of 14.7% at the peak of the coronavirus pandemic, WalletHub released updated rankings for the States Whose July Unemployment Rates Are Bouncing Back Most.
“The Great Indoors - Creating a Nurturing Habitat for People and the Planet” session brings together Shaw, Cradle to Cradle Products Innovation Institute and the International WELL Building Institute for a discussion about creating spaces designed for people and the planet.
The research and benchmarking tool collects data from industry distributors on sales results from the prior quarter along with forecasts for the upcoming quarter.
Confidence in the market for new multifamily housing increased in the second quarter, however, it still remains in negative territory, according to results from the Multifamily Market Survey released by the National Association of Home Builders.
Joe Bshero, director of technical services, R.E. Whittaker Company, breaks down how proper carpet can ultimately create the perception of cleanliness in facilities.
Architectural billings failed to show any progress during July, and business conditions continued to be soft at firms, according to a new report from the American Institute of Architects.
In a further sign that housing continues to boost the economy, single-family and multifamily starts each posted solid gains in July, with total housing production up 22.6 percent to a seasonally adjusted annual rate of 1.50 million units.
