NAHB analysis of the most recent Census Construction Spending data shows that total private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $507.2 billion in June. It was down 0.5% after being virtually flat in May and rising 0.9% in April. On a year-on-year basis, total private construction spending was down 8.1%. The monthly declines are… Read More ›



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