Housing & Construction

Builder confidence in the market for newly built, single-family homes rose by three points to 20, it's highest level since May 2010.

Single-family housing starts rose 3.9 percent to a seasonally adjusted annual rate of 430,000 units in October

Buoyed by stabilizing home prices and sustained low interest rates, nationwide housing affordability during the third quarter of 2011 hovered near its highest level in the more than 20 years

Builders applauded Congress for reinstating for another two years the higher conforming loan limits for the Federal Housing Administration (FHA), noting that this is an important step to help mend the struggling housing market.

The number of improving housing markets continued to expand for a third consecutive month in November, rising from 23 to 30 on the latest Improving Markets Index.

The American Iron & Steel Institute has published AISI S202-11: Code of Standard Practice for Cold Formed Steel Structural Framing, 2011 Edition.

 

A leading indicator of U.S. construction activity, the architecture billings index,  rose 2.5 points last month to 49.4, according the American Institute of Architects.

While tables, charts and software programs are a great guide, they cannot replace a talented design professional and frequently do not yield the most cost effective and efficient designs.

WoodWorks recently launched an online calculator that allows users to compare the building or shell construction costs of wood vs. non-wood buildings.

A new report from the American Institute of Architects outlines how delaying building projects is affecting the economy, as well as progress in eco-friendly construction.