Economy: Page 101
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NYC colleges to spend $8 billion on construction through 2017
City officials view campus building as a key driver of the economic recovery.
By Sharon O'Malley • Sept. 18, 2014 -
Return of subprime mortgages could end 'lending drought'
New York Times column calls for an easing of federal requirements
By Sharon O'Malley • Sept. 18, 2014 -
Explore the Trendline➔
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
The American Dream of owning a home may still be alive
But non-homeowners under the age of 30 say they’re not interested in buying.
By Sharon O'Malley • Sept. 16, 2014 -
Construction workers earning a bit less than last year
Although women in the industry make 92% of the salaries of their male colleagues.
By Sharon O'Malley • Sept. 16, 2014 -
High-end luxury homes are selling pretty quickly
Houses with price tags of more than $30 million are going faster than less-expensive luxury homes.
By Sharon O'Malley • Sept. 16, 2014 -
Rental home construction outpaces for-sale building
As 18- to 34-year-olds opt for apartment living, homeownership declines.
By Sharon O'Malley • Sept. 16, 2014 -
Home builder stock prices rise among companies that have built aggressively
Investment advisers at The Motley Fool expect ‘value investors’ to hold off on buying while stock prices are high.
By Sharon O'Malley • Sept. 15, 2014 -
Foreclosures spike slightly in August
But the rate is still lower than it was a year ago.
By Sharon O'Malley • Sept. 15, 2014 -
Not enough first-time home buyers enter housing market
A lack of young homeowners can slow the pace of the housing recovery.
By Sharon O'Malley • Sept. 15, 2014 -
Housing prices are dropping, contrary to prior reports
New reporting schedule makes Case-Shiller housing price index more accurate.
By Sharon O'Malley • Sept. 11, 2014 -
Number of mortgage applications falls to 14-year low
Loan requests for refinancing and new homes dips as interest rates inch upward.
By Sharon O'Malley • Sept. 11, 2014 -
Construction equipment manufacturing makes quick rebound
Domestic demand has grown 20% a year since the recession.
By Sharon O'Malley • Sept. 11, 2014 -
Looking for a construction job in Colorado? There's an app for that
Industry leaders launched a mobile app and website to connect Coloradans with construction jobs.
By Sharon O'Malley • Sept. 11, 2014 -
Deep Dive
What areas of the U.S. are hardest hit by worker shortages?
Some regions are struggling more than others to meet the demand for trade professionals.
By Mattie Quinn • Sept. 10, 2014 -
Deep Dive
So why are there so few women in construction?
Despite a desperate need for labor, the building industry lags in hiring female workers.
By Sharon O'Malley • Sept. 10, 2014 -
2015: 'Not a breakout year for housing'
Fannie Mae survey shows consumers have too little confidence in their income to invest in real estate.
By Sharon O'Malley • Sept. 10, 2014 -
Fewer homeowners paying cash up front for houses
Cash transactions in June were the lowest since the start of the recession.
By Sharon O'Malley • Sept. 10, 2014 -
Former Fed chair calls construction 'dead in the water'
Alan Greenspan says a sluggish housing market is hindering America’s economic recovery
By Sharon O'Malley • Sept. 10, 2014 -
Home sales could rise this fall
Lower prices and increasing supply could entice buyers during a normally slow season.
By Sharon O'Malley • Sept. 9, 2014 -
Chinese housing market takes another tumble
Waning home prices could cause a slowdown in China's fast-growing economy.
By Sharon O'Malley • Sept. 9, 2014 -
Deep Dive
The downside of the upswing
A severe labor shortage is limiting the pace of construction and causing other problems.
By Sharon O'Malley • Sept. 8, 2014 -
Construction employment reaches 5-year high
Unemployment in the industry is so low that building companies can’t find enough employees.
By Sharon O'Malley • Sept. 7, 2014 -
Wall Street banks predict interest hike by spring
Even modest increases could dampen home sales, especially in high-rent cities.
By Sharon O'Malley • Sept. 7, 2014 -
Recent grads with student loans can still afford homes in most markets
Though in many counties, debt-saddled young buyers need higher incomes to qualify.
By Sharon O'Malley • Sept. 4, 2014 -
Forecast for 2014 home sales downgraded
A Toll Brothers’ announcement could reflect a weaker-than-expected housing recovery.
By Sharon O'Malley • Sept. 4, 2014