Last week, the Economist reported that according to German housing giant Vonovia, Germany’s crucial construction sector is on the brink of collapse, endangering the entire German economy. The report notes…

In long-delayed results published Tuesday, China Evergrande Group posted a combined total loss of $81 billion over two years. In late 2021, the world’s most debt-burdened property developer defaulted on…

As a limited supply of existing homes has fed interest in new construction, US homebuilder sentiment advanced to an 11-month high in June. On Monday, figures showed that the National…

A prominent economist is warning that the US housing market is experiencing a “deep recession” and that the Federal Reserve may have to ease up on its interest rate hikes.…

For the fourth straight month, construction spending on single family homes dropped in July as investors fear a serious slump in the housing market has begun. Single family home construction…

China’s real estate crisis took one more step toward the abyss this week, as new numbers showed property investment dropping, new construction slowing to a crawl, and foreign analysts showed…

As single-family homebuilding declined in June, US construction spending fell dramatically, in the first signs of the effects of the Federal Reserve’s interest rate hikes and the slowing economy. Construction…

Caterpillar is moving its global headquarters from its current location in Deerfield Illinois to an existing office in Irving Texas. The company announced the move Wednesday. Chairman and CEO Jim…

Lumber futures dropped as low as $568.40 per 1,000 board feet in Chicago on Wednesday, the cheapest since September, and a drop of about 50% so far this year. Rising…

Moody’s Analytics chief economist Mark Zandi says we have officially entered a housing correction. New data for April and May show a softening of the US housing market. New home…