US Home Construction Falls 22.3% in March

Content: Long Island Construction Law did not create this content. This article was written by The Associated Press, and was published to the Long Island Business News on April 16th, 2020.

Continue reading “US Home Construction Falls 22.3% in March”

New US Home Construction Dips Again In February

Content: Long Island Construction Law did not create this content. This article was written by The Associated Press, and was published to the Long Island Business News on March 18th, 2020.

New home construction fell again in February, but not as much as the previous month. Those declines follow a December surge which had pushed home construction to the highest level in 13 years. Builders started construction on 1.60 million homes at a seasonally adjusted annual rate, a decline of 1.5% from 1.62 million units in January, the Commerce Department reported Wednesday.

Continue reading “New US Home Construction Dips Again In February”