ConDig (26-Jul-17). US homebuilder D.R. Horton, which last month entered a merger agreement with residential developer Forestar Group Inc, booked a 16% rise in profit in its fiscal third quarter, while growth in orders for…
ConDig (20-Jul-17). Construction of new homes in the US picked back up in June, rising 8.3% from the month prior to a seasonally adjusted annual rate of 1.215 million compared with May’s upward-revised total of…
ConDig (03-July-17). US construction spending was flat in May compared with the month prior as a fall in homebuilding was offset by an uptick in nonresidential construction, according to latest Commerce Department figures. Overall construction…
ConDig (28-Jun-17). The Occupational Safety and Health Administration (OSHA) has further delayed the implementation of the proposed electronic record keeping rule in order to carry out a further review of the policy. The agency said…
ConDig (17-Jun-17). Construction of new homes in the US crumbled for a third straight month in May, led by a drop in multifamily production. Housing starts fell 5.5% in May from a month earlier to…
ConDig (14-Jun-17). Construction material prices held firm in May after posting increases over the past five months, but were up 3.4% on the year ago period, according to analysis of Bureau of Labor Statistics data…
ConDig (09-Jun-17). US homebuilder D.R. Horton said that it has entered into a confidentiality agreement with Forestar Group Inc after launching an unsolicited bid for the residential developer earlier this week. The Fort Worth, Texas-based…
ConDig (08-Jun-17). Residential developer Forestar Group said that an unsolicited bid for a majority stake in the Austin, Texas-based company tabled by homebuilder D.R. Horton could lead to a deal that is superior to its…
ConDig (07-Jun-17). President Donald Trump outlined plans on Wednesday to drastically cut the construction permitting process and roll back burdensome regulations as part of a $1 trillion investment proposal to rebuild the country’s infrastructure. Under…
ConDig (06-Jun-17). Fort Worth, Texas-based homebuilder D.R. Horton has tabled a $520 million bid for a 75% stake in residential developer Forestar Group. The move by the biggest homebuilder in the US has trumped an…