Sales dropped in three of the four major U.S. regions, while the West saw a slight rebound. Compared to the same month last year, sales decreased in three regions but increased in the West.
According to new analysis by the Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Producer Price Index, U.S. construction input prices fell by 0.9% in September 2024 compared to the previous month, Nonresidential construction input prices also dropped by 0.9% during the same period.
Michael Gerrity, founder of Miami-based World Property Ventures (WPV), has announced that WPV's wholly-owned subsidiary, World Property Markets, is soon launching a significant $350 million joint-venture funding round with multiple industry partners later this quarter.
ATTOM Data's latest U.S. Home Affordability Report for the third quarter of 2024 reveals that single-family homes and condos across the nation remain less affordable compared to historical averages in 99% of counties with sufficient data.
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