«We are
increasing the pace of construction and look forward to opening early in 2017 as a new regional draw for visitors from near and far.»
Not exact matches
The price
of construction output continued to
increase at a rapid
pace in the December quarter, to be more than 8 per cent higher in year - ended terms.
«We are predicting
increased sales over the next couple
of years as the housing market continues a steady
pace of growth, and
of course we still have [a] strong oil industry here and
construction is picking up,» he said.
Meanwhile, even preventing a 3 °
increase looks iffy, given the sluggish
pace of clean - energy
construction so far and the fact that President Donald Trump, the leader
of the world's second - biggest emitter, has vowed to exit the Paris accord (see «Exiting Paris, Trump cedes global leadership on climate change»).
The cost
of living is
increasing, because
construction of new housing hasn't necessarily kept
pace with the demands, but it's not
increasing so fast that these salaries can't support it.
While that represents a healthy 35.8 percent
increase over the 2016 figure
of 52 million sq. ft., it's less than half the
pace of construction posted at the last market peak.
Carroll responded that delays in new home
construction might spur
increases in existing home values, especially if inventory does not keep up with the
pace of sales.
NAHB analysis
of Census
construction spending data finds that over the last year, the
pace of private single - family
construction spending
increased 9.7 % and multifamily
construction spending
increased 31.5 %.
«As the housing market has heated up, the
pace of construction has also
increased,» he said.
NAHB analysis
of Census
construction spending data finds that over the last year, the
pace of private single - family
construction spending
increased 7.8 % and multifamily
construction spending
increased 23.4 %, despite monthly declines for March.
Nationally, single - family housing
construction activity has
increased at a slower
pace than in past economic recoveries, and the supply
of homes for sale, measured by months
of inventory and vacancies, is below long - term trends.
According to American Institute
of Architects, despite labor shortages and rising material costs that continue to impact the
construction sector,
construction spending for nonresidential buildings in the U.S. is projected to
increase 4 % this year and continue at that
pace of growth through 2019.
However, in most major markets across the U.S., we expect demand to keep
pace with new supply even as
construction increases because
of the trends previously discussed.
This
increase was fueled entirely by gains in the single - family sector, where the
pace of new
construction rose in every region for a combined 5.5 percent gain to 535,000 units.
Instead, look for actual evidence that the
pace of new
construction is keeping up with growth in demand: evidence such as
increasing employment, household formation, and retail trade volumes, rising occupancy rates, positive rent growth, and growth in same - property NOI.
With the
construction of «big boxes» proliferating at an ever -
increasing pace, it seems appropriate to address a number
of the issues that landlords and tenants face with respect to development
of such big boxes...