Economy: Page 116
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Single-family for rental is still an option if you know where to look
There is still demand for single-family housing as rental property, according to a recent study that parsed the national markets.
By Ron Gallagher • Sept. 19, 2013 -
Report calls for even more NYC office space: Time to get building?
A commission that looked at Manhattan office demand in the coming decades said that, yes, a lot will be needed, though perhaps not the 80 million-plus square feet the mayor wants.
By Ron Gallagher • Sept. 19, 2013 -
Explore the Trendlineā
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 -
Home starts boom, apartments wane in August construction stats
August data from the Commerce Department showed single-family starts were up 7% from July's pace, but starts on apartment and condominium construction were down 11.1%.
By Ron Gallagher • Sept. 18, 2013 -
Consultant FMI scales back its forecast for total 2013 construction
The construction and engineering consultant is shaving $4 billion off its second-quarter prediction for put-in-place construction this year, guessing $909.6 billion.
By Ron Gallagher • Sept. 18, 2013 -
McMansion worries return: Is it a sign of recovery?
Residents are up in arms over the resugence of giant homes in Burbank, Calif.
By Ron Gallagher • Sept. 17, 2013 -
Survey finds builders are waiting to see if recent buyer activity will persist
The September survey of builders found that they are coasting while they watch what develops in the market.
By Ron Gallagher • Sept. 17, 2013 -
Las Vegas home builders are feeling good after August boom
Residential construction had the best month of 2013 in the Las Vegas area, with home sales up 29% year over year.
By Ron Gallagher • Sept. 16, 2013 -
Five years on, is housing back by a little, a lot?
Housing is looking pretty good if you talk about sales of existing homes and not nearly as shiny if you focus on new construction.
By Ron Gallagher • Sept. 16, 2013 -
Commercial construction picking up in Indiana's steel region
A gradual recovery in the commercial construction sector in northwest Indiana and areas south of Chicago is doubly good news for the area where steel is made.
By Ron Gallagher • Sept. 15, 2013 -
Anecdotal economic outlooks can be useful
Official economic reports can be good, but there are other ways to assess what's going on—like steaks dinners and scrap metal.
By Ron Gallagher • Sept. 13, 2013 -
Tragedy in the Midwest and useless size: The week's most read construction news
Catch up on some important stories this week with the posts our readers read the most.
By Brian Warmoth • Sept. 13, 2013 -
Pause in home purchases correlates with softening consumer confidence
At Fannie Mae, they see a reduction in mortgage applications and purchase contracts as linked to declining consumer confidence and interest-rate worries.
By Ron Gallagher • Sept. 10, 2013 -
Limit on federally insurable mortgages may drop
Officials may shave several thousand dollars off the highest loans that Fannie Mae and Freddie Mac can insure for lenders.
By Ron Gallagher • Sept. 9, 2013 -
When reduced construction unemployment is a bad thing
Lower unemployment normally would be a cause for celebration, but a drop in the number for the construction industry may not be a good sign.
By Ron Gallagher • Sept. 9, 2013 -
NAHB's rankings for improving metro areas hits 291, best yet.
An index that was created to measure recovery from the recession reached its highest measure this month as 291 metro markets qualified as "improving."
By Ron Gallagher • Sept. 9, 2013 -
Survey: Finding qualified workers is a headache for 74% of contractors
Associated General Contractors says that information from nearly 700 contractors, the bulk of them in 15 states, shows that recruiting craft workers is rough.
By Ron Gallagher • Sept. 5, 2013 -
It's cheaper to borrow big for a home than to stay small
The mortgage world has turned upside down, with lower rates on loans too big to guarantee than on so-called "conforming" loans too small to fail.
By Ron Gallagher • Sept. 5, 2013 -
Texas proposal for beat-up rural roads: Forget pavement
Trucks servicing the oil and gas boom are beating up Texas farm-to-market roads something fierce, and the state says the answer should be to make them officially unpaved roads.
By Ron Gallagher • Sept. 4, 2013 -
Builders say lots are in short supply, especially the best ones
Home demand doesn't matter if there's no place to build, and a new survey indicates that could be a problem.
By Ron Gallagher • Sept. 4, 2013 -
The beat goes on: CoreLogic cites 17th month of home-price increases
Data firm CoreLogic reports that July saw a 12.4% year-over-year increase in home prices, which marked the 17th consecutive month that prices have been higher than the year before.
By Ron Gallagher • Sept. 3, 2013 -
July's private construction spending hits 4-year high
The pattern of shrinking public construction spending held in July, but private spending—led as always lately by residential—reached levels not seen since 2009.
By Ron Gallagher • Sept. 3, 2013 -
Index of apartment- and condo-builders' confidence rises to record high
The Multifamily Production Index compiled by the National Association of Home Builders to measure the apartment and condo market rose to 60 in the second quarter.
By Ron Gallagher • Aug. 29, 2013 -
New-home sizes hit record as upscale buyers dominate the recovery
A trend toward smaller houses is in full retreat, as the average new home is bigger than what was going up during the boom.
By Ron Gallagher • Aug. 27, 2013 -
Optimism fails to make Kansas City urban retail site a reality
Kansas City, Mo., had high hopes that replacing 60 homes and businesses with a multi-use called Citadel Plaza, but all it has now is vacant lots in a depressed neighborhood.
By Ron Gallagher • Aug. 27, 2013 -
Planned power plant in Maryland would spawn 700-800 construction jobs
There's good news for the commercial construction sector in southern Maryland: A Dallas-based investment company called Panda Power Funds says it is going to build a power plant there.
By Ron Gallagher • Aug. 26, 2013