Construction


U.S. Homebuilder Sentiment Declines in July

U.S. homebuilders are feeling less optimistic about their sales prospects, although their overall outlook remains positive. The National Association of Home Builders/Wells Fargo builder sentiment index, released Tuesday, declined to…

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Bnei Brak Moves Forward on New Housing Plan

The municipality of Bnei Brak has gained initial approval for construction of up to 1,900 housing units in the northern part of the city, Globes reported on Thursday. The National…

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New Rules to Create New Public Housing

The Israel Lands Council has approved a rule change sought by its directors – Finance Minister Moshe Kahlon and Housing Minister Yoav Galant – that requires contractors who build homes…

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U.S. Construction Spending Slipped in March

U.S. builders trimmed construction spending slightly in March, one month after building activity hit an all-time high. Construction spending slipped 0.2 percent in March to a seasonally adjusted $1.218 trillion,…

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Court: Developer Can’t Sell Just to Religious

A real estate project that until now was being marketed solely to the religious public must be made available to all customers, a Yerushalayim court has ruled. The Carmei Gat…

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PA’s Abbas to Meet President Trump in May

The White House announced over the weekend that President Donald Trump will meet with Palestinian Authority chief Mahmoud Abbas on 3 May. The meeting will take place in Washington, with…

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Jewish Group Sues U.N. Over Squatting, Illegal Building

The Regavim organization has filed a lawsuit against the United Nations for illegal building in Yerushalayim, and against the Yerushalayim Municipality for turning a blind eye to the illegal construction.…

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