Construction

Real Estate

‘Near-Zero’ Price Growth Boosts Homebuyers’ Prospects

Photo by Wesley Tingey via Unsplash

Prices for existing homes in the US inched up just 0.2% in July, according to a National Association of Realtors report published Thursday.

2 min read

Photo via Eduardo Barraza/ZUMAPRESS/Newscom

Real Estate

Homebuilders Offer Best Incentives Since COVID

A full 37% of homebuilders have slashed prices this month, down ever so slightly from a record 38% in July.

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Photo by Todd Van Hoosear via CC BY-SA 2.0

Consumer

Home Depot Acquires Building Products Distributor GMS

Home Depot’s push into the pro market began in earnest last year, when the company dropped $18.5 billion to buy SRS Distribution.

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Photo by Getty Images via Unsplash

Real Estate

New Home Construction Sinks to Lowest Point Since Pandemic

It may well be another indicator that the market is finally tipping in buyers’ favor, as the construction industry faces major headwinds.

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Indicators

US Service Economy Suffers Unexpected Trade War Blow

Photo by Getty Images via Unsplash

The surprising news comes just ahead of an all-important jobs report from the Labor Department due out Friday.

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Photo by Scott Blake via Unsplash

Economics

Manufacturing, Construction Slowdown Trigger Broad Sell-Off

Both manufacturing and construction spending came in softer than expected. The downbeats stoked fears of a downturn.

2 min read

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