Sentences with phrase «growth in housing construction»

This was a result of several factors: solid business investment in the second half of the year, some further growth in housing construction, and particularly strong growth in household spending during this period.

Not exact matches

«With the energy sector still challenged by soft global growth and oversupply, and the upside in housing construction now limited, Canada needs to see a rotation towards non-energy exports.

TD's Alexander also thinks housing starts will slow next year and in 2014, which will affect the construction industry and weigh on our economic growth.

Though residential construction only accounts for a small share of GDP, housing has a broader reach in the economy, which should help to sustain growth this year.

Indeed, the strong growth of investor housing loans has driven the growth in household debt (as a share of disposable incomes) over recent years and contributed to a rise in both housing prices and dwelling construction.

The real issue that was not addressed in the budget is the absence of any economic engine to spur a recovery in growth in 2014 and beyond, The household sector is deep in debt; housing construction has stalled; companies lack confidence and are not investing; the federal and provincial governments are in serious restraint mode; and the export sector is weak and deteriorating.

Dhar suggests that the recent moderation in house price growth «has reignited risk that China's property sector may retrench again», suggesting that the outlook for residential construction, hence commodity demand, will remain weak in the year ahead.

So far in 1997 there have already been some indications that the pace of growth is picking up, particularly in areas of construction investment, housing and consumer spending.

«Looking forward, product manufacturers anticipate the construction recovery to continue in Q2 and over the next year, again due to growth in housing, commercial and infrastructure.

Addressing an audience of more than 80 Parliamentarians and 150 construction industry leaders, civil servants and journalists at the House of Commons, Bill Bolsover, the Chairman of the Construction Products Association, identified the construction industry as a key driver of economic growth and suggested ways in which government should kick start tconstruction industry leaders, civil servants and journalists at the House of Commons, Bill Bolsover, the Chairman of the Construction Products Association, identified the construction industry as a key driver of economic growth and suggested ways in which government should kick start tConstruction Products Association, identified the construction industry as a key driver of economic growth and suggested ways in which government should kick start tconstruction industry as a key driver of economic growth and suggested ways in which government should kick start the recovery.

Commenting on these latest figures, Noble Francis, Economics Director at the Construction Products Association said: «The construction industry is now firmly back in recession and, although there are some areas of growth, such as private housing, the overall picture shows an industry clearly suffering from the effects of public Construction Products Association said: «The construction industry is now firmly back in recession and, although there are some areas of growth, such as private housing, the overall picture shows an industry clearly suffering from the effects of public construction industry is now firmly back in recession and, although there are some areas of growth, such as private housing, the overall picture shows an industry clearly suffering from the effects of public sector cuts.

The government has stated that construction is at the heart of its growth strategy for the UK economy and, as it accounts for around 10 % of the UK's economy, it is vital that investment in essential schools, hospitals and housing is maintained at levels that will provide the basis for economic recovery.»

Bedford has seen a large rise in housing construction which has resulted in a growth in the population — and a rise in pupil numbers.

The lending news could disappoint economists looking for a pickup in housing construction and new - home sales this year that could drive growth as other segments of the economy are showing signs of rebounding after a winter lull.

Essentially, Kenmare's still in start - up / expansion mode, and it's pretty geared to global economic growth (housing & construction demand from US & China are v important).

Even so, locals who work in these extraction and construction activities are postponing their auto repair and dental work because their paychecks are shrinking because there's less growth of these industries owing to the housing crunch.

«As economic growth continues, we expect to see further jobs resurgence in the construction sector, bolstered by demand for houses, commercial property and the roll - out of Government's capital spending programme announced last year», added McDonagh.

«[This] new construction data showed somewhat weak growth in overall housing starts and a slight decline from July,» says Danielle Hale, chief economist for realtor.com ®.

While it varies with the demographics, Frinzi said the growth in market rate multifamily residential and student housing generally has outpaced the growth in new construction for senior multifamily residential or affordable multifamily residential.

January's solid 10 % rise in single - family housing construction in will help tame home price growth, and the increase in multifamily units should continue to help slow rent growth.

Restored versions can be seen at the Wadsworth - Longfellow House in Portland, Maine and the Franklin Pierce Manse in Concord, N.H. Pros:» [There's a] virtually irreplaceable quality to old hardware, especially on high - end doors, dense old - growth wood, mortise - and - tenon construction, and odd sizes that already fit the openings,» Vogel says.

«This rise in single - family housing construction will help tame home price growth, and the increase in multi-family units should continue to help slow rent growth.

«The issue now is pent - up demand and strong growth in the number of households, with buyer traffic 29 percent above a year ago, coinciding with several years of inadequate housing construction.

What's needed to spur stronger growth in the housing market is a marked increase in inventory through stepped - up new construction, because only more new homes will ease tight inventories and, in turn, help slow home price gains, helping affordability.

Despite job growth in recent years, new home construction is too low in most metro areas, feeding housing shortages and unhealthy price growth.

Third, because of elevated costs brought about by a tight construction labor market and continued growth from the housing sector, money won't go as far as it would in a softer market.

«Shipp said that he is attracted to the company despite the reduced projections because of its franchise model, which gives the company gross margins nearly double the average of its industry, and by the company's growth prospects at a time when lower gas prices and a rebounding housing market should lead to an increase in construction projects.»

Right now, we have the construction - defects law in Colorado, so if and when we can get that removed, the growth will be in the affordable housing segment,» she says.

«Even with more than 20 % growth in total new construction, we will have created only a net new 900,000 housing units, which is less than 65 percent of the new households we created,» Smoke notes.

ANNAPOLIS, Md. — The seniors housing occupancy rate continued its recovery in the second quarter of 2012, while construction activity gained traction and year - over-year rent growth accelerated, according to NIC MAP, a data and analysis service of the National Investment Center for the Seniors Housing & Care Industryhousing occupancy rate continued its recovery in the second quarter of 2012, while construction activity gained traction and year - over-year rent growth accelerated, according to NIC MAP, a data and analysis service of the National Investment Center for the Seniors Housing & Care IndustryHousing & Care Industry (NIC).

Despite seven years of construction growth, Herbert says the U.S. has still added less new housing over the last decade than in any other 10 - year period going back to at least the 1970s.

Housing added 0.7 percentage points to real GDP growth in the first quarter of 2014, however the construction component (residential fixed investment) detracted from growth over the past two quarters owing to the poor weather conditions seen across the country over the period.

Home» News & Press» Seniors Housing Occupancy Rises, Rent Growth Remains Stable, and Construction Activity Moderates Slightly in the 4th Quarter

Some of the mismatch between the growth in housing and the anemic rise in construction employment may be due to measurement issues.

Seniors Housing Posts Slight Gain in Occupancy in 1st Quarter While Rent Growth Remains Stable and Construction Pace Slows

The report noted that between the years 2010 and 2015, job growth was twice as fast as new construction and housing development in the city...

The resulting job losses would have reduced demand for both renter and owner - occupied housing, thereby halting the expansion of residential construction that contributed significantly to economic growth in 2012.

Seniors Housing Realized Uptick in Occupancy, Continued Growth in New Construction Third Quarter NIC MAP ® Data Reveals Strong Quarter Despite Slower Rent Growth

Home» News & Press» Seniors Housing Realized Uptick in Occupancy, Continued Growth in New Construction

Similarly, our Future Rental Availability Index found that new housing construction's inability to keep up with D.C. population growth will leave that market with a unit shortage of close to 60,000, causing D.C. to rank fifth in the country on that index.

«This rise in single - family housing construction will help tame home price growth, and the increase in multifamily units should continue to help slow rent growth.»

Los Angeles is in the midst of a severe housing crisis because over decades, housing construction has not kept up with population growth.

By: Allan Mendelsberg PICOR CONNECT August 18, 2011 Once the poster child for national population growth and housing starts, Arizona, like other states historically reliant on construction, took a beating in the downturn, and the well - publicized forecast points to a... Continue reading >>

The rule of thumb is that when housing supply is unrestricted then housing prices will remain near construction cost, yet real construction costs increased just over ten percent nationally during the period.6 There can be several reasons why housing price growth exceeded the construction cost growth in some of the expansive cities.

If residential investment — which encompasses all direct spending on residential real estate construction and activity — returns to its 1997 level over the next two years, then housing will boost overall economic growth by 0.5 percentage points in 2013 and 2014,» Stiff continues.

However, it is expected that higher home ownership and construction costs and lower employment growth will dampen housing demand in 2008.

Despite positive improvements in the labor market in recent years, new home construction is currently insufficient in a majority of metro areas and is contributing to persistent housing shortages and unhealthy price growth in many markets, according to new research from the National Association of REALTORS ®.

«When you couple the slow but steady rise in single - family unit construction with an increase in builder confidence, it's further support that housing is returning to its place as a major player in driving economic growth.»

«Among the positive factors are consumers» expectations of low inflation and further economic growth as well as recent increases in residential construction including single - family housing starts,» he continued.

Finally, as the housing sector, represents one of the largest contributors to local and national economies (both directly and indirectly through its linkages to several sectors of the economy such as furniture, building materials, home equipment, etc.) a measure of movements in home prices, is necessary in researching and measuring the effect of the housing sector on key economic indicators such as inflation, income and employment growth, construction activity and economic cycles.