“Total private residential construction spending decreased a negligible 0.1% on a month-over-month basis during April 2013, with the net decline driven by a further decrease in improvement spending. However, total housing-related spending is up 18.8% from April 2012 and has increased 35.7% from the cycle low point in 2009…”
To read more, click on the link below!
Single-Family and Multifamily Spending Up, Remodeling Declines Again
NAHB, Eye on Housing Blog
June 3, 2013
Link to read more: http://eyeonhousing.wordpress.com/2013/06/03/april-residential-construction-spending/