A report this week from Barclays downgrading the stocks of several of the nation’s largest public home builders drew quick contest from the National Association of Home Builders, but not for the main premise. The Barclays report centered largely on, “stretched” stock valuations, but it also cited a secondary concern about new home prices.
Read more: http://www.cnbc.com/id/100439451
Local builders are looking back on 2012 with satisfaction, and ahead to 2013 with optimism.
The City of Red Deer reported on Friday that the total value of construction projects it approved in 2012 was $268.1 million, 58 per cent higher than the 2011 tally of $169.7 million.
Read more: http://tinyurl.com/bav6nfj
During the housing crash, two million construction workers left the field, many of them never to return. Even as the housing market moves into recovery, government reports today show continued losses in the construction workforce. The problem is a lack of skilled labor..
Read more: http://www.cnbc.com/id/100271485
CALGARY,AB, Nov. 8,2012/ Troy Media/ – Despite the anxieties in Europe, uncertainty in the U.S., and a faltering economy in other parts of Canada,Alberta remains remarkably stable. The province’s balanced housing market has been one of the most convincing indicators of that.
Read more: http://tinyurl.com/bbznleb