New, dense housing continues to be a point of conflict in growing communities as concerns over negative impacts to home values dominate the discussion. This study quantifies how new apartment construction has impacted single-family home price acceleration over the last [...]
A survey of leading housing practitioners identified five “best practices” for meeting the housing affordability challenge in Utah. This study examines why these practices are “best practices,” the implementation of the practice, and the outcomes produced.
The recent global health pandemic has shaken the foundation of our everyday lives and likely forced cultural shifts that will stay with us for a long time. Every part of the economy has been impacted to different degrees. While the [...]
The momentum of a record-setting first quarter continued into the second quarter of the year. While COVID-19 ravaged the economy and led to all-time high unemployment, construction activity held on. Total permit-authorized construction value in Utah during the first half [...]
As this report reflects the first three months of 2020, the severe economic impacts of the COVID-19 health pandemic are not yet captured. Without knowing what lay ahead, based on first-quarter figures, one could have forecast 2020 as one of [...]
In 2019, the value of permit-authorized construction in Utah totaled $9.8 billion, the highest year ever in both current and inflation-adjusted dollars. Sixty percent of the total construction value was in the residential sector, which rose 12.5% from 2018 to [...]
Increasing prices and a shortage of new housing units continue to be a challenge across the State of Utah. The goal of the survey of Utah’s top homebuilders is to shed light on market sentiment and provide insight into the [...]
This year is shaping up to be another record year for Utah’s construction industry. Through the third quarter of 2019, the total value of permit-authorized construction is $7.4 billion, surpassing the pre-recession high of $7.2 billion in 2007 (inflation-adjusted). The [...]
The total statewide value of permit authorized construction in Utah during the first half of 2019 is $4.7 billion (Table 1). The residential sector accounts for almost two-thirds of statewide construction value, totaling $2.9 billion. Activity in the commercial sector [...]
Thomas S. Monson Center
411 E South Temple
Salt Lake City, Ut 84111
Thomas S. Monson Center
411 E South Temple
Salt Lake City, Ut 84111
