All told, the relatively
slow pace of construction should have been expected.
The Census Bureau reported that residential building permits were up in July, although builders
slowed the pace of construction starts on one - family homes in July to the least since March while apartment and condominium building picked up to the most since April.
Not exact matches
Akwa Ibom state government has alleged that a
construction giant, Julius Berger's
slow pace of execution
of road contracts is frustrating the speedy completion
of its critical road project contracts.
Tristram Hunt, the shadow Education Secretary, has been critical
of the Priority School Building Programme, emphasising how the scheme was «limping along at a staggeringly
slow pace», with only one in four schools from the initial phase actually under
construction work, three years on from the announcement made by then Education Secretary Michael Gove.
Developers have begun to
slow the
pace of retail
construction with starts tapering off.
In the apartment sector, the
pace of new
construction is finally
slowing in many markets after considerable building in recent years.
Although industry data on retail
construction activity varies widely, firms do agree on the overall trend that the
slow pace of developing is clearly accelerating.
Not only will more home
construction lead to a
slower pace of rate hikes, it will also lead to faster economic growth.
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.
The 400,000 - plus units identified for 2017 delivery represent the peak for the current apartment cycle, but the
pace of construction won't really start
slowing down until the third quarter
of 2018.
Steady growth Despite stock market turbulence and fluctuating interest rates, the
pace of commercial
construction is not slowing, at least not yet, according to Jeffrey Raday, president of McShane Construction Corp., a Rosemont, Ill. - based design / build constr
construction is not
slowing, at least not yet, according to Jeffrey Raday, president
of McShane
Construction Corp., a Rosemont, Ill. - based design / build constr
Construction Corp., a Rosemont, Ill. - based design / build
constructionconstruction firm.
Developers may also
slow the
pace of new
construction as the year progresses.