Sector: Construction Materials

Big jumps in foreclosure activity in cities like Pittsburgh, Indianapolis, New York and Raleigh pushed the national numbers higher in the first three months of this year, according to a new report from RealtyTrac.   Read More

More buyers signed contracts to buy existing homes in March than the previous month, according to a new report, prompting one expert to say, “The housing market has clearly turned the corner.”    Read More

Although global economic concerns in China, Brazil, and Europe persist, one analyst told CNBC that he expects Caterpillar to hit its full-year guidance amid a pick-up in domestic construction markets.    Read More

It’s not crashing again, it’s just bouncing along a bottom, which means the recovery, as we’ve been warning all along, becomes increasingly local.    Read More

A slew of new numbers from the housing market confirm that a warm spring did in fact pull sales forward, but the new activity was not enough to bring home prices out of their decline significantly.    Read More

Buyer traffic is strong, supply of homes for sale is low, and yet home prices continue to defy the usual formula, falling again in March.   Read More

It was one of the worst housing markets in the U.S., but now investors are swarming over foreclosures in Phoenix, Arizona, in search of big rental returns.    Read More

Without a strong recovery in the job market and a big loosening in credit, which does not appear to be the case, regular demand for home purchases will remain soft.   Read More

We’re still seeing big demand in the multi-family sector, but single family is still faltering. Depending on what kind of builder or investor you are, you’re going to see the housing starts numbers differently.   Read More

In a stark reversal during the heart of the spring housing market, confidence among the nation’s homebuilders dropped in April to levels not seen since January.   Read More