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Private Residential Spending Edges Up in May

By July 1, 2021Housing
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 0.2% in May to a seasonally adjusted annual rate of $751.7 billion. Total private residential construction spending was 28.7% higher than a year ago. The monthly gains are attributed to the strong growth of spending on single-family construction. Single-family construction spending rose to a $402.3… Read More ›