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The Northeast storm impacts train and plane travelers in Central PA

The anticipated storm is wreaking havoc on the travel plans of millions, including some here in Central Pennsylvania.
As the day progressed, train arriving from New York City’s Penn Station through Philadelphia and into Lancaster were delayed 10-15 minutes. 171 more words

News

23 Jan 2015 (AFR) - New apartment sales rocket ahead of houses

(23 Jan 2015, AFR, p5, Rebecca Thistleton)

‘New apartment sales will dominate the housing market well into 2015, outpacing detached houses and could ultimately improve inner-city affordability. 25 more words

1.Market Observations

10 Jan 2015 (AFR) - Lack of work depresses construction industry

(10 Jan 2015, AFR, p4, Rebecca Thistleton)

‘Construction activity dipped in December, causing a decline in employment and straining profit margins across the building industry. The drop in work followed a similar contraction in new jobs and profit margins recorded in November, according to the Australian Industry Group and Housing Industry Association’s monthly Performance of Construction Index, released on Friday.’ 10 more words

1.Market Observations

6 Dec 2014 (AFR) - Construction falls back as orders weaken

(6 Dec 2014, AFR, p39, Michael Bleby)

‘Construction fell back into contractionary territory in November for the first time in six months, as new orders for both detached houses and apartments – a leading indicator of future activity – declined, the Australian Industry Group/Housing Industry Association Australian Performance of Construction Index showed.’ 10 more words

1.Market Observations