Affordability of home prices in the US

As we’ve already discussed the Case-Shiller index and mortgage metrics in order to assess the health of the housing market, I would like to take a slightly different approach: affordability. In order to gauge affordability in the housing market today, I will analyze two different ratios—the ratio of price to income, and the ratio of […]

2016 Construction Industry Overview

Overall, the construction industry has experienced far from rapid growth in 2016. With oil prices low, major capital projects from firms involved in the energy and power industry saw low demand, correlating to a lackluster year within the greater engineering and construction sector. Total construction spending growth from a year ago, including residential […]