Author: BrianAnthony

Evergreen Real Estate Group Tops off 120-Unit Assisted-living Community in Indiana

BrianAnthony

Evergreen Real Estate Group Tops off 120-Unit Assisted-living Community in Indiana Green Oaks of Goshen offers 49 studio and 71 one-bedroom apartments, all of which are reserved for seniors age 62 or older, with incomes at or below 80% of the Area Median Income. Read More RE journals https://rejournals.com/evergreen-real-estate-group-tops-off-120-unit-assisted-living-community-in-indiana/

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Single-Family Homebuilding Weighs on U.S. Construction Spending in July

BrianAnthony

Single-Family Homebuilding Weighs on U.S. Construction Spending in July U.S. construction spending declined further in July as rising mortgage rates weighed on single-family homebuilding, offsetting a rebound in outlays on public projects. Read More Reuters https://www.reuters.com/markets/us/single-family-homebuilding-weighs-us-construction-spending-july-2022-09-01/

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9/2/2022 – MetroIntelligence Economic Update by P. DUFFY

BrianAnthony

MetroIntelligence Economic Update by P. DUFFY Construction spending slips 0.4 percent in July but up 8.5 percent year-on-year Construction spending during July 2022 was estimated at a seasonally adjusted annual rate of $1,777.3 billion, 0.4 percent (below the revised June estimate of $1,784.3 billion. The July figure is 8.5 percent above the July 2021 estimate of $1,637.3 billion. During the first seven months of this year, construction spending amounted to $1,013.7 billion, 10.8 percent (±1.0 percent) above the $915.2 billion for the same period in 2021. https://www.census.gov/construction/c30/pdf/release.pdf   Manufacturing sector…

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