DeWalt has launched a series of products ranging from woodworking and cordless tools to accessories and batteries for existing products. The company conducted field research to learn what users liked and what could be improved, and used that insight to guide their new designs.
Hovnanian reported second-quarter total revenue of $255.1 million, compared with $318.6 million reported for the same period in the previous year.
Construction spending rose in April, and residential improvements for 2011 and 2012 are predicted to rise 0.7 percent in 2011 and 14.5 percent in 2012.
The housing market appears to be evening out as U.S. quarter-over-quarter prices through the end of May declined only 2.3 percent.
The multifamily housing market is expected to skyrocket over the next few years as the job market grows and rental-friendly segments of the population look toward apartments, but rents shouldn’t rise as much as Wall Street is predicting.
Residential construction in 2011 is likely to be positive for the first year since 2005.
A survey conducted on behalf of the National Association of Home Builders (NAHB) indicates that most Americans still think it's important to own their own home.
After three consecutive years of record-low construction levels, the vigor of the recovery in housing now hinges on a return of demand, according to the State of the Nation’s Housing report released this morning by the Harvard University Joint Center for Housing Studies. The key obstacles to a return in demand, say Harvard researchers, are the lingering consequences of the recession and financial crisis.
With more than 1,900 closings in California in 2010, KB Home tops Professional Builder's ranking of the top 30 home builders in the Golden State. The builder, which ranked No. 5 on PB's national Housing Giants list, had 1,910 closings in California to top the list. Lennar had 1,753 closings in 2010 to take the No. 2 spot on the list.
In the aftermath of the nation's housing-market collapse and recession, more than 500 midsize and large cities have seen a rise in the share of homes that are rented rather than owned, according to Census data.