Residential construction companies' financial health is improving

The data points to several positive trends, says data company Sageworks.

By Davide Savenije • March 17, 2014

Real estate execs have high confidence in commercial market

Investor confidence in the sector is on the rise, spurred chiefly by growing faith in institutional lending.

By Katie Bo Williams • March 17, 2014

Wannabe home buyers not happy about rising prices

The market that is drawing in more home sellers is not doing much to increase the pool of first-time buyers.

By Ron Gallagher • March 13, 2014

More homeowners looking to sell as home prices rise

Home builders may face increased competition from homeowners who are more eager than last year to sell at rising prices, but the inventory of both classes is very low.

By Ron Gallagher • March 13, 2014

In Dayton, worker shortages prompt first-ever construction job fair

Shortages of construction workers as the economy grows back prompted Montgomery County, Ohio, to hold its first-ever job fair for the industry.

By Ron Gallagher • March 12, 2014

One-third of new residential starts were multifamily units in 2013

New home building used to mean single-family homes, but signs are that's changing.

By Ron Gallagher • March 11, 2014

Heavy construction makes up bulk of 15,000 new jobs in Feb.

February saw 15,000 new construction jobs, well under January's 26,600.

By Ron Gallagher • March 9, 2014

Hovnanian takes a hit as winter slows home sales and losses rise

Home builder Hnovanian Enterprises Inc., had higher year-over-year revenues, but sales fell off and it lost 17 cents a share for its first quarter.

By Ron Gallagher • March 5, 2014

Jan. housing prices up 12% from start of 2013

The increase – 9.8% if distressed sales are left out – puts prices 17.3% lower than the peak they hit in April 2006.

By Ron Gallagher • March 4, 2014

Developer and builder survey shows they like market-rate rentals

Market-rate rentals were more popular than low-rent apartments or units for sale in the last quarter of 2013, according to the Multifamily Production Index survey.

By Ron Gallagher • March 3, 2014

Cold gets blame for nonresidential slip in January

Census Bureau data shows nonresidential construction spending went down a little bit from December to January, but total construction spending blipped up 0.1%.

By Ron Gallagher • March 3, 2014

Southern Calif. housing is scarce relative to market demand

The housing market in the six-county Southern California region has more demand for homes than the supply being produced, and what kind is built affects things, too.

By Ron Gallagher • March 2, 2014

55% of execs in survey say they expect up year in construction

Wells Fargo asked 522 construction executives about business in their markets in 2014, and the answers put the bank's Optimism Quotient at a record-high 124.

By Ron Gallagher • Feb. 27, 2014

Obama, GOP offer highway-fund proposals hinging on tax-law changes

The president outlined a plan, House Ways & Means Chairman David Camp suggested help for the Highway Trust Fund, and construction executives said they would like enacted legislation.

By Ron Gallagher • Feb. 26, 2014

In a surprise, new-home sales rise 9.6% for January

The January cold snap may have deterred home building, but not home closings. 

By Ron Gallagher • Feb. 26, 2014

Nonresidential construction backlog edged up to 8.3 months at end of 2013

Numbers compiled by Associated Builders and Contractors said the national industry had slightly more work on the books in the fourth quarter.

By Ron Gallagher • Feb. 26, 2014

Ohio nursing home project to rise from four-year slumber

An 83-bed nursing home in Dublin, outside Columbus, was mothballed in 2009.

By Ron Gallagher • Feb. 26, 2014

Construction in 'hot-spitality' sector surges

Hotel construction is up 16.4% from a year ago.

By Ron Gallagher • Feb. 24, 2014

Hawaii predicts building activity to soar

After some fluctuation, the construction industry in Hawaii is poised for a 23% growth this year.

By Ron Gallagher • Feb. 24, 2014

Growth prescription for S.C. med group: Two 150,000-SF buildings

Palmetto Primary Care Physicians is teaming up with an Ohio developer to create a 4,500-acre health campus outside Charleston.

By Ron Gallagher • Feb. 20, 2014

Progress to save Highway Trust Fund in Senate

The chair of the Senate Environment and Public Works Committee says she's looking to have a plan moving by April.

By Ron Gallagher • Feb. 19, 2014

Cold weather blamed for chilling housing starts numbers

The National Association of Home Builders said weather was to blame for January's 16% fall from December's pace, but building permits were almost even.

By Ron Gallagher • Feb. 19, 2014

Freddie Mac: Recovery can't go on without more jobs

A recent dip in mortgage rates may have helped current homeowners refinance, but there cannot be new owners without better job creation.

By Ron Gallagher • Feb. 18, 2014

FMI index for noncommercial construction rises for this quarter

The consulting company's industry panel expects growth in business and essential hiring this year.

By Ron Gallagher • Feb. 18, 2014

Sunrise Medical Campus Sells 3-Building Property Near Tacoma, Wash.

With the assistance of Jones Lang LaSalle's Capital Markets Group, the ownership team of Sunrise Medical One and Sunrise Medical Two sold Clise Properties for $407 per square-foot.

Feb. 18, 2014