construction,
State Of The Housing Market! Lowest Turnover In Decades, New Construction Premium Vanishes, Median Age Of First-Time Homebuyers Is 40
by confoundedinterest17 Home prices exploded under Biden and Covid Federal spending. Making housing unaffordable for millions. Now the turnover rates for homes is at its lowesst rate in decades. Existing homes are now more expensive than new homes. Florida housing is getting gut-punched from Naples to Punta Gorda. Yikes! Median age of first time homebuyers …
China is solely responsible for 1/3 of global emissions and hit a 10-year high of new coal plant construction in 2024. Germany blew up their own nuclear plants.
news alert: climates change over some xyx period of history pic.twitter.com/lNmQ9G9apB — Mo 🔋 (@modusbyte) January 22, 2026 🚨BREAKING: 🇩🇪 GERMAN CHANCELLOR REVEALS THE EU IS A COMPLETE FAILURE: "Germany and Europe have wasted incredible potential. We have become the world champion of over-regulation and zero growth." pic.twitter.com/HGZGS1czvm — Based Hungary 🇭🇺 (@HungaryBased) January 22, …
Keep On Printing? US GDP Still Growing At 3.5% Despite Malaise In Construction And Imports (So Much For Tariff Hysteria)
by confoundedinterest17 Well, tariffs didn’t turn out to be a lethal weapon as Democrats predicted. The US economy continues to grow! The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.5 percent on December 16, down from 3.6 percent on December 11. After this morning’s releases from the US Census …
Los Angeles sees 4 downtown office skyscrapers in distress with billions in defaulted loans, bids expected far below debt balances. Manufacturing & CRE Construction spend peaked over a year ago
“4 distressed office buildings in Los Angeles, California. Brookfield and its lenders (and receivers and special servicers) are peddling four active offerings that total about 4.9M SF of Class A office space in the Financial District, roughly 18% of the total inventory. EY Plaza: Colliers is marketing the $275M, non-preforming note tied to the property …
Little Tariff Effects! US Q3 Real GDP Growth At 3.5%, Real Estate Construction Growth Remains Negative
by confoundedinterest17 The US economy is goin’ home! The hysteria about tariffs is nonexistant. Latest estimate: 3.5 percent — December 05, 2025 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 3.5 percent on December 5, down from 3.8 percent on December 4. After this morning’s personal income …
In order to revive the stalling real estate market, Chinese government halted projects under construction and demolished buildings
Fun fact. In order to revive the stalling real estate market, Chinese government halted projects under construction and demolished buildings which could accommodate over 75 million people (more than the entire population of the United Kingdom).pic.twitter.com/YbnCScKi1V — Massimo (@Rainmaker1973) September 16, 2025 Japan’s Kajima Cut and Take Down method demolishes buildings from the bottom up …
New construction house in 1969; all in for $20k. $1,000 down and $180/month payment. Never forget what was stolen from us.
New construction house in 1969; all in for $20k. $1,000 down and $180/month payment. Never forget what was stolen from us. byu/Boo_Randy_II inHouseBuyers Outside of affordable housing back then, businesses were also more affordable to start. Ben and Jerry’s started an ice cream empire for $12,000, which got them a building, plus all the equipment …
The Number of Housing Units Under Construction Continues to Crash
Authored by Mike Shedlock via mishtalk, What’s the impact on rent? Housing units under construction data from Census Department, chart by Mish. Decline from Post-Covid Peak Total Units: 20.7 percent Single-Family: 25.2 percent Multi-Family: 27.3 percent The decline puts the number of single-family units under construction near the middle of a very wide range of …
$360,000 for a home with shoddy construction? That’s highway robbery.
A local home inspector sent me these photos from a new construction home in McKinney, Texas This is a $360,000 home. Young families are stretching to buy homes like this The quality is beyond poor, and there is often little to no recourse due to cleverly worded clauses in builder contracts Some walk away and …
The Slow-Motion Collapse of Construction Spending in 4 Pictures
via Mike Shedlock Construction spending has been in a huge downtrend for a year. Construction spending data from census department, chart by Mish The Census Department Construction Spending Report for May repeats the same story, down again. Total Construction Construction spending during May 2025 was estimated at a seasonally adjusted annual rate of $2,138.2 billion, 0.3 percent …
Migrant camp construction site destroyed in Cork, Ireland.
Everyday things like this are happening across Ireland. The Irish are really fed up. https://t.co/aVWndDEGn7 — MichaeloKeeffe (@MickOKeeffe) May 29, 2025
Chinese property prices plunge again as construction, investment collapse deeper into crisis
BREAKING: New home prices in China's 70 major cities dropped -4.6% year-over-year in April. Existing home prices fell -6.8%, after a -7.3% drop in March. Chinese home prices have now declined for nearly 4 years STRAIGHT. Meanwhile, property investment declined -10.3%… pic.twitter.com/ke4rwT1otC — The Kobeissi Letter (@KobeissiLetter) May 21, 2025
China: Satellite Images Reveal Construction of the Largest Military Hub on Earth Spanning Over 1,000 Acres
As satellite images reveal China’s ambitious construction of the world’s largest underground military command center near Beijing, global tensions escalate, prompting experts to scrutinize the implications of this unprecedented development for international security dynamics. In the fast-paced world of global geopolitics, the unveiling of China’s monumental military project has captured worldwide attention. Satellite imagery has …
Chilling moment construction worker narrowly escapes getting crushed by falling crane
Chilling moment construction worker narrowly escapes getting crushed by falling crane https://t.co/GLjXnsXGLr pic.twitter.com/CrGc416Gay — New York Post (@nypost) April 30, 2025 A construction worker cheated death after a crane toppled over, narrowly missing him, in a terrifying scene in China. Heart-stopping security footage shows the moment the crane, which was working on the 23rd floor …
Texas and Florida housing inventories skyrocketed 300%—shoddy construction haunts the boom.
The Texas and Florida housing boom is turning into a nightmare. Inventory has tripled in just three years, and now these states account for 30% of all listings nationwide. But here’s the real problem—rushed construction, cut corners, and devastating health risks. Homes built between 2021 and 2024 are already showing serious structural issues, mold infestations, …
Border wall construction underway in Texas and Arizona (video).
BORDER WALL CONSTRUCTION UNDERWAY IN TEXAS AND ARIZONApic.twitter.com/zr6wJEz3iF — Citizen Free Press (@CitizenFreePres) February 20, 2025
The sharp drop in construction hiring is a massive red flag.
With the second-lowest month of hires in the 21st century, the industry is struggling like never before. This slowdown is telling us a lot about the broader economy. Even during the height of the pandemic, there were more job openings in construction than there are now. The cost of construction is plummeting, as developers have …
The quits rate for construction and manufacturing has fallen sharply
A high quits rate means employees are confident quitting because they believe finding a new, better-paying job will be easy. 2/ — Eric Basmajian (@EPBResearch) January 22, 2025 At EPB Research, we focus on the quits rate in construction and manufacturing — the two key swing factors in the labor market.https://t.co/unsbPbt8Za 4/ pic.twitter.com/b2ANDBYBlL — Eric …
December 2024 Rental Report: Rents Continue To Fall as New Construction Outpaces Demand
December 2024 marks the seventeenth consecutive month of year-over-year rent decline for 0-2 bedroom properties in the 50 largest metropolitan areas of the US. Rents nationally were down by 1.1% from December 2023. The national median asking rent fell to $1,695, dipping below $1,700 for the first time since April 2022. Median rent fell consistently …
Border wall construction resumes…
https://youtu.be/66qzKdvhI0g This video highlights the ongoing efforts to construct the southern border barrier during nighttime operations. It provides a closer look at the various stages of the process, including filling bollards with cement, filtering the cement, cleaning the bollards with a pressure washer, and moving materials with lift trucks. Skilled engineers and contractors work together …
GDPNow Nowcast Dips on Weak ISM and Construction Spending
by Mike Shedlock The GDPNow nowcast fell 0.6 percentage points to 2.5 percent on weaker than expected economic reports. GDPNow data from the Atlanta Fed, chart by Mish The Atlanta Fed updated its GDPNow Nowcast on October 1. Here is a recxap. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third …
Construction spending drops 0.3% in July, missing expectations, signaling a potential economic slowdown.
U.S. Construction Spending MOM SAAR pic.twitter.com/4yP9esLhtu — Win Smart, CFA (@WinfieldSmart) September 4, 2024 Construction spending decreasing does NOT bode well for jobs in that sector. Construction is not a small piece of the economy either, and spending in other sectors will be negatively affected by increased unemployment in this sector. Remember, the unemployed don’t …
Unusual to get such a large monthly ‘construction’ layoffs data point
Unusual to get such a large monthly ‘construction’ layoffs data point Way too soon to extrapolate. BUT a second similar month at this level would be troubling (especially when many other labour market indicators are so soft!) pic.twitter.com/YjoDKkKLWc — Longview Economics (@Lvieweconomics) July 8, 2024 Normal cycles do include prices going down in all markets, …
Housing inventory up 40% yoy. Signals in construction activity are mirroring the period leading up to the 2008 crash.
Altos reports that active single-family inventory was up 1.1% week-over-week. Inventory is now up 32.1% from the February seasonal bottom, and at the highest level since July 2020. This inventory graph is courtesy of Altos Research. As of July 5th, inventory was at 653 thousand (7-day average), compared to 646 thousand the prior week. Inventory is still far …
Construction downturn bites hard: ‘It’s tough out there’
One Auckland-based housing block, which featured 108 modular units, was once promoted as the way of the future. Now, it is abandoned, with its’ builders in liquidation owing millions of dollars — yet another example of the downturn in construction. Builderscrack.co.nz co-founder Jeremy Wyn-Harris told 1News work is more “scarce” than it has been. “People …
June construction layoffs spike, highest since September 2007. Continuing claims hit a new cycle high, approaching 1.9 million.
In June, construction industry saw largest increase in layoff announcements per @ChallengerGray … hasn't seen a spike that large since September 2007 pic.twitter.com/6zee9KAtVf — Kevin Gordon (@KevRGordon) July 3, 2024 Continuing claims a new cycle high Approaching 1.9mm #MacroEdge https://t.co/sDxirI4NOC pic.twitter.com/Rod0M3P2mT — Don Johnson (@DonMiami3) July 3, 2024 Nice little pop in job openings in …
Construction workers are being honest, but buyers aren’t listening.
https://twitter.com/GayBearRes/status/1805755413930922390
We’re in the midst of a sharp downturn in commercial real estate construction
Multifamily—which is working through a large pandemic era pipeline—is in the early stages of its downshift pic.twitter.com/CDWLL5rxPO — Lance Lambert (@NewsLambert) June 20, 2024 🏢📉 CRE CLO distress rate hits 9.74% in May, up 114 bps! 📊 Over 36.5% on watchlists. 🤔 What’s your take? #RealEstate pic.twitter.com/ILY3DYO5fB — Kaufman Real Estate & Consulting (@DanielKaufmanRe) June …