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According to the U.S. Census Bureau of the Department of Commerce, total construction spending for June 2016 was estimated at a seasonally adjusted annual rate of $1,133.5 billion, down 0.6 percent from the revised May estimate of $1,140.9 billion.  Compared to a year ago, the…

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for June 2016.  According to the data, building permits for privately-owned housing units in June were at a seasonally adjusted annual rate of 1,153,000, up 1.5…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for May 2016 was estimated at a seasonally adjusted annual rate of $1,143.3 billion.  This rate is a decrease of 0.8 percent from the revised April estimate of $1,152.4 billion.  Compared…

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for May 2016.  According to the data, building permits for privately-owned housing units in May were at a seasonally adjusted annual rate of 1,138,000, up 0.7…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for April 2016 was estimated at a seasonally adjusted annual rate of $1,133.9 billion.  This rate is a decrease of 1.8 percent from the revised March estimate of $1,155.1 billion.  Compared…

During the 2015 Legislative Session, the Maryland General Assembly added to the laundry list of provisions that must be included in a contract for the construction of a new home.  Specifically, contractors that build homes anywhere in the State of Maryland, must now include certain…

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for April 2016.  According to the data, building permits for privately-owned housing units in April were at a seasonally adjusted annual rate of 1,116,000, up 3.6…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for March 2016 was estimated at a seasonally adjusted annual rate of $1,137.5 billion.  This rate is an increase of 0.3 percent from the revised February estimate of $1,133.6 billion.  Compared…

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for March 2016.  According to the data, building permits for privately-owned housing units in March were at a seasonally adjusted annual rate of 1,086,000, down 7.7…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for February 2016 was estimated at a seasonally adjusted annual rate of $1,144.0 billion.  This rate is a decrease of 0.5 percent from the revised January estimate of $1,150.1 billion.  Compared…