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23:33 18-05-2018
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Russia and Japan begin to cooperate on “Smart Cities”
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Football fans from Egypt and Saudi Arabia massively book rooms in Volgograd
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Administrative building in center of Moscow is put up for sale for $885,000
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Sakhalin bridge construction is 3 times more expensive than Crimean one
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Two lanes of Tavrida highway in Crimea to open in 2018
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Rosatom to build Center for Nuclear Science and Technology in Zambia
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Ginza restaurant holding opens farmer’s markets in Moscow
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Finnish developer YIT sets to build 77,000 sqm of housing in Moscow region
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Putin opened road section of Crimean bridge, driving KamAZ
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Russian regulatory agency approves Nord Stream 2 gas pipeline project
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Europe’s largest casino with 1,200 slot machines to be erected on Cyprus
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Japanese Kawasaki to build a hydrogen plant in Magadan
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Investments in Park Huaming business center in Moscow will exceed $300 million
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Russian PM signed a decree on construction of Urals high-speed rail line
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Russia gets its first plant producing medical equipment for radiation therapy
19:36 14-05-2018
The Crimean bridge opens for automobile transport
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Experts reveal why there are more new houses in USA

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Experts reveal why there are more new houses in USA

Last month, the number of new buildings in the United States increased by almost two percent compared to the revised February figure, the US Department of Commerce said. 


To date, the number of new homes in the country has exceeded 1,3 million. According to experts, the initial figure of February at 1.236 million was revised upwards — up to 1,295 million new homes.

There is also an increase in the number of permits for the construction of new buildings issued last month. The growth accounted for 2.5%, exceeding expectations of analysts as well.

Experts have indicated the correlation between the new buildings number and the level of interest rates. This is because the construction of new housing has to be credited. Thus, experts link an increase in construction volumes with a rise in US residents’ incomes.

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