As the single - family
construction market recovers, this share will retreat back to shares closer to the historical trend.
Not exact matches
That idea resonated with the U.S. nuclear -
construction industry, which never
recovered from the Three Mile Island disaster in the 1970s and was looking to new
markets overseas.
Now that the region's economy is
recovering and creating jobs, the Workforce Housing Scorecard is again released at a turning point for the housing
market — but this time in a positive direction, as home prices,
construction and demand are on the rise.
But looking further out, as housing and other
construction markets fully
recover, we believe USG will be earning considerably more and producing substantial free cash flow as the company benefits from large tax assets that help to shelter earnings.
Despite some encouraging signs that the wider economy may be coming out of recession and that the housing
market is beginning to
recover, the Association forecasts that
construction output will fall 15 % this year and a further 2 % in 2010, before beginning a slow recovery from 2011.
The remaining capital costs and
construction debt the company was supposed to collect could not be
recovered in a deregulated
market where prices were set by power plants that had already paid off their mortgages.
«Since the housing
market began
recovering in 2011, investors have been bidding up the price of finished lots, which are home pads outfitted with infrastructure such as utilities and sewer pipes and thus ready for
construction,» The Wall Street Journal reports.
With the
recovering tourism industry and lack of new
construction, the rental
market has seen significant gains in occupancy and revenue over the past year.»
Hanley Wood, a
marketing services company that owns real estate design and
construction publications, including Remodeling magazine, offers a similar outlook, predicting the industry will fully
recover this summer following 12 straight quarters of steady growth.
And while the office
construction market has been much slower to
recover, a new cycle of building is beginning in a few cities.