Market Datavs. 1 year ago
30-year mortgage7.18%▲ +0.96 pts15-year mortgage6.57%▲ +1.07 pts10-year Treasury4.88%▲ +0.75 ptsMortgage spread2.30 pts▲ +0.21 ptsMedian list price (Oct)$415k▼ -2.2%List $/sqft (Oct)$222▼ -1.3%Days on market (Oct)63 +0 daysActive listings (Oct)1.18M▲ +7.4%New listings (Oct)357k▼ -7.5%Pending sales (Oct)381k▼ -10.7%Housing starts (Sep)1.22M▼ -7.4%Building permits (Sep)1.4M▼ -3.2%New-home sales (Sep)676k▼ -5.3%Existing-home sales (Oct)3.75M▼ -8.8%Months of supply (Sep)8.4▲ +0.2 moMortgage delinquency (Q2)1.86%▲ +0.08 pts
Updated 10:40 AM ET

MasTec’s $1.65 Billion Superior Group Deal Targets Data Center Construction

MasTec's $1.65 Billion Superior Group Deal Targets Data Center Construction

MasTec has agreed to acquire Superior Group for approximately $1.65 billion, adding roughly 3,000 employees and specialized electrical and infrastructure capacity aimed at data center construction, the company announced. The consideration is about $1.175 billion in cash and $475 million in stock. This is an acquisition agreement β€” closing conditions had not been reported as … Read more

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