Private Residential Spending Rises Modestly in April

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.0% in April to a seasonally adjusted annual rate of $729.2 billion. Total private residential construction spending was 29.7% higher than a year ago. The monthly gains are largely attributed to the strong growth of spending on multifamily and single family construction. Multifamily construction spending… Read More ›