MetroIntelligence Economic Update by P. DUFFY April U.S. economic output index rises at fastest pace since May 2022 The headline S&P Global Flash US PMI Composite Output Index registered 53.5 in April, up from 52.3 in March, to signal the quickest upturn in business activity since May 2022. The increase in output was the third in as many months. The faster rise in activity was broad-based, with service sector firms registering the sharper rate of growth. Where a rise in activity was noted, firms linked this to greater customer confidence…
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4/21/2023 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY Existing home sales fall 2.4 percent in March, down 22.0 percent year-on-year Existing-home sales retreated 2.4% in March to a seasonally adjusted annual rate of 4.44 million. Sales declined 22.0% from one year ago. The median existing-home sales price dipped 0.9% from the previous year to $375,700. The inventory of unsold existing homes rose 1.0% from the prior month to 980,000 at the end of March, or the equivalent of 2.6 months’ supply at the current monthly sales pace. https://www.nar.realtor/newsroom/existing-home-sales-slid-2-4-in-march New home mortgage…
Read MoreBoston Adopts New Building Code to Limit Use of Fossil Fuels in Construction
Boston Adopts New Building Code to Limit Use of Fossil Fuels in Construction This new green building code will help ensure that we set the foundation for healthy, resilient growth throughout our neighborhoods. Read More Boston.com https://www.boston.com/news/politics/2023/04/14/boston-adopts-new-building-code-to-limit-use-of-fossil-fuels/
Read MoreThe Future of Green Home Building in New York City
The Future of Green Home Building in New York City Sustainable buildings are often residential buildings designed to use available resources as efficiently as possible, with minimal environmental impact, creating ideal conditions for healthy living and high productivity of their residents. Read More Intelligent Living https://www.intelligentliving.co/green-home-building-in-nyc-a-future-of-real-estate-sustainability/
Read MoreWindows Are The Key To A Comfortable And Sustainable Home
Windows Are The Key To A Comfortable And Sustainable Home Windows are not just for providing daylight or ventilation; they can be used to control the temperature of a building while decreasing energy costs. Read More Harlem World https://www.harlemworldmagazine.com/how-windows-are-the-key-to-a-comfortable-and-sustainable-home/
Read MoreWorld’s Largest Multifamily Building Pursuing ILFI Zero Carbon Certification Under Construction
World’s Largest Multifamily Building Pursuing ILFI Zero Carbon Certification Under Construction The Douglass will offer 747 units of rental housing in a massive mixed-use development along the Anacostia River in Washington D.C. Read More Building Design + Construction https://www.bdcnetwork.com/DouglassRedbrickDC
Read More‘Passive House’ Buildings Boast Climate & Health Perks
‘Passive House’ Buildings Boast Climate & Health Perks New York has 123 homes constructed under the environmentally friendly “passive house” but architects and environmental experts say it should become the norm, especially for affordable projects in New York City. Read More City Limits https://citylimits.org/2023/04/13/passive-house-buildings-boast-climate-health-perks-why-arent-there-more-of-them/
Read MoreBuilding for the Future
Building for the Future It’s not too late to create livable and eco-friendly cities for the future. The answer lies in modernizing and repurposing our existing buildings, and designing urban areas that adapt to people’s changing needs. Read More Business Insider https://www.businessinsider.com/sc/climate-and-sustainability-are-the-focus-of-refurbishing-buildings
Read MoreKB Home Announces the Grand Opening of Its Newest Community in Zephyrhills, Florida
KB Home Announces the Grand Opening of Its Newest Community in Zephyrhills, Florida Thanks to quality construction techniques and materials, every home KB builds is ENERGY STAR certified — a standard that fewer than 10% of new homes nationwide meet. Read More Yahoo Finance https://finance.yahoo.com/news/kb-home-announces-grand-opening-120000404.html
Read MoreU.S. Department of Transportation Finalizes EV Charging Infrastructure Rules
U.S. Department of Transportation Finalizes EV Charging Infrastructure Rules These updates function to establish a set of minimum standards and requirements for electric vehicle charging infrastructure projects funded with federal dollars from the BIL Read More JD Supra https://www.jdsupra.com/legalnews/u-s-department-of-transportation-6938770/
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