New Home Construction Surges 15 Percent

Published on March 17, 2010 by Technology Slice

New Home Construction Surges 15 Percent – Builders started work on a total 40,022 homes in the three months to December, the biggest quarterly increase in 18 months, new data released on Wednesday showed. Dwelling commencements surged by a seasonally-adjusted 15.1 per cent in the quarter, building on an 11.0 per cent jump in the [...]

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Posted in Money

Housing Prices

Published on February 22, 2010 by Technology Slice

Housing Prices – First-home buyer housing affordability crashed in the final three months of 2009, as would-be purchasers of homes confronted higher interest rates and surging prices. The affordability index’s slide accelerated 18.4 per cent in the December quarter, following a 3.3 per cent fall in the September quarter, according to the Housing Industry Association [...]

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Posted in Money

Nuclear Power Plants

Published on February 17, 2010 by Technology Slice

President Obama has unveiled plans for new nuclear power plants in the U.S. During an appearance a jobs training facility in Maryland, the President stressed the need for “homegrown energy” to reduce U.S. dependence on foreign oil. Obama announced plans to make an eight-billion dollar loan guarantee to help build two new nuclear power reactors [...]

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