Nationwide housing starts rose 20.2% to a seasonally adjusted annual rate of 1.135 million units in April from an upwardly revised March reading, according to newly released data from the U.S. Commerce Department.
ceramitec 2015, which will focus on classic ceramics and raw materials through powder metallurgy up to technical ceramics, will be organized on the exhibition grounds of Messe München in Munich from October 20-23, 2015.
According to a recent report from Global Industry Analysts (GIA), the global market for construction materials is projected to exceed $1 trillion by 2020, driven by an improving world economic outlook and recovering construction activity in residential, commercial, and infrastructure sectors.
Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will help keep the housing market moving forward throughout 2015 and into next year, according to economists who participated in the recent National Association of Home Builders (NAHB) 2015 Spring Construction Forecast webinar.
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the first quarter of 2015, off slightly from the historically high level of 60 in the last quarter of 2014, but above the key break-even point of 50.