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When it comes to asking rents, not all regions are created equal. Jonas Bordo of Dwellsy breaks down which areas of the country are most—and least—expensive for single-family homes and apartments. (Surprise…America’s Heartland wins!) Los Altos, CA (August 2023) – As U.S. regions go, the Midwest is often overlooked and (just ask many residents) unfairly maligned. The truth is, you can explore its numerous vibrant cities, unplug in its national parks, paddle its waterways, get to know its friendly residents, and even sample each region’s signature BBQ recipes. “I say we stop referring to the Mid...
ValueWalk
Large utility project, residential starts power growth to begin Q3 Year-to-date through July 2023, total construction starts were 7% below that of 2022. Residential and nonresidential starts were down 21% and 7% respectively; however, nonbuilding starts were up 20% on a year-to-date basis. For the 12 months ending July 2023, total construction starts were 3% higher than that of 2022. Nonbuilding starts were 21% higher, and nonresidential building starts gained 16%. Conversely, on a 12-month rolling basis, residential starts posted a 17% decline overall. “Construction starts have plateaued and ...
ValueWalk
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