Author name: Ricky Vasquez

Housing starts surge on rebound in multifamily construction

Housing starts in the US surged in June after a sharp drop a month earlier, driven by a rebound in apartment construction. Processing Content New residential construction increased 19% last month to an annualized rate of 1.43 million, the highest since March, government data released Friday showed. That topped all estimates in a Bloomberg survey […]

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Stanley Martin buying Holiday Builders highlights hyper-scale shift

Homebuilding scale is arriving at the midway point through a structural inflection. The latest evidence arrived Thursday, as Stanley Martin Homes announced it had entered an agreement to acquire Florida-based Holiday Builders, a transaction that will add approximately 1,050 annual home closings, more than 40 active communities and roughly 10,600 controlled lots to Stanley Martin’s already-potent Southeast

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