Liven Kodu 16 OÜ, a subsidiary of Liven AS (“Liven”) which is developing the Iseära project, signed a general contractor agreement with Tesron Ehitus OÜ, which is also the general contractor for the previous terraced houses in the project, for the construction of the next terraced houses. In the autumn of 2026, 30 new homes will be completed at Lutsu 5 and Koha 5-8, Harkujärve village. The volume of the construction works is nearly EUR 6 million, plus VAT. Of the 30 homes to be built, 16, or 53%, have been ...

What role does increasing housing supply and increasing that inventory play in getting out of this stalemate. Well, new construction is playing a much bigger role in the market than it has, you know, in the last decade because of that because of the fact that there are so few existing homes for sale. Many people are turning to new construction.In terms of new construction, single family homes, those tend to be the most expensive because they're brand new. They're going to cost more. And for a first-time buy ...

Group 1 - Builders FirstSource (BLDR) shares have underperformed over the past year, losing approximately 25% of their value due to a decline in residential construction activity [1] - On a recent Thursday, shares remained relatively flat as investors reacted to the ongoing challenges in the market [1] Group 2 - The company has been impacted by weakening conditions in the residential construction sector, which has affected its stock performance [1]

Group 1 - A crisis in the housing market in Sydney is spreading due to skyrocketing construction costs, leading to hundreds of approved projects being stalled and a surge of unfinished homes entering the market [1][3] - Many homeowners are abandoning their construction or renovation projects, with some homes only partially completed, reflecting the severe impact of rising material prices, labor costs, and the bankruptcy of construction companies [3][5] - Tim Reardon from the Housing Industry Association indicates that many projects approved before the interest rate hikes in 2022 can no longer be delivered within the approved specifications and current costs, resulting in a significant number of stalled projects, particularly in the apartment market [3][5] Group 2 - Reardon notes that developers are choosing to delay or cancel projects before they start, and those that are underway often involve highly customized homes that are now left incomplete, highlighting structural issues within the residential construction industry [5] - The construction commencement rate is expected to remain low for at least the next three years, exacerbating the housing shortage [5] - Unfinished homes are being listed for sale, with examples including properties in Horsley Park and Oyster Bay, indicating a troubling trend in the market [5][8] Group 3 - Scott Cam, a long-time host of a renovation show, points out that homeowners often stop construction due to budget constraints, which is particularly challenging in the current environment of rising material costs [8] - Anne Flaherty from REA Group states that slow price growth in certain areas is contributing to the decline in housing completion rates, with unprecedented construction cost increases since 2021 making some projects unprofitable [8] - The combination of rising construction costs and declining market prices poses significant challenges for the housing market, making it difficult for projects to be profitable [8]