Economy: Page 116
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CoreLogic shows housing price rise with best 6-month figure since 1977
Numbers from the data-crunching firm also showed June prices were 11% above those June last year, 11.9% if distressed sales are included.
By Ron Gallagher • Aug. 6, 2013 -
Study: Lowest bids not the best path to contracts
Results from a survey of contractors and subs showed that value may be prized over low prices.
By Ron Gallagher • Aug. 6, 2013 -
Will more office jobs actually mean more office space?
As a builder you may not want to hear the answer.
By Ron Gallagher • Aug. 6, 2013 -
Rising home builder job numbers may not be a good thing
There are a few other indicators out there that may matter for sustained growth prospects.
By Ron Gallagher • Aug. 5, 2013 -
Cousins Acquires Fort Worth Tower as Part of $1.1B Deal
By Amalia Otet, Associate Editor Cousins Properties Inc. has entered into an agreement to purchase 777 Main St., a 980,000-square-foot Class A office tower in Fort Worth, from a joint venture operated by Crescent Real Estate Holdings L.L.C. As part of the deal, the Atlanta-based REIT will buy Gre...
Aug. 5, 2013 -
Home builder Brandywine sees apartment opportunities in slow-moving recovery
In a shift to pick up opportunities where it sees them, Brandywine Homes is embarking on three multifamily projects in California.
By Ron Gallagher • Aug. 5, 2013 -
Green materials and multifamily: This week's most read construction news
Check out what lies ahead for multifamily and old building materials that could see new life.
By Brian Warmoth • Aug. 2, 2013 -
Confidence indexes seem to not always quite fit together neatly
OK. Consumer confidence is down, but builder confidence is up. What does that mean?
By Ron Gallagher • July 30, 2013 -
Will slower existing-home sales mean slowdown for builders?
The upward trend in sales of existing homes slipped in June, and some economists see rising interest rates clipping that sector's wings after August.
By Ron Gallagher • July 30, 2013 -
Some commercial investors fear multifamily is ripe for a bubble
This survey says commercial real estate executives worry that apartments may be getting inflated.
By Ron Gallagher • July 30, 2013 -
Remodelers say their business is climbing, too
Remodelers are seeing current business improve along with expected business, according to a confidence index maintained by the National Association of Home Builders.
By Ron Gallagher • July 29, 2013 -
Contractors offer Congress advice on getting MAP-21 moving to help states
Associated General Contractors told a Senate committee that the huge increase in TIFIA authorization in the law is not turning into a flow of loans to states for transportation projects.
By Ron Gallagher • July 29, 2013 -
Terrible vision: When the Highway Trust Fund can fund nothing
Information from the Congressional Budget Office says that in Fiscal Year 2015 – a year from this October – the federal Highway Trust Fund will have zero dollars to fund construction.
By Ron Gallagher • July 28, 2013 -
New SF home sales rate hits five-year high in June
Federal showed the annual rate of sales for new, single-family homes at 497,000 last month, which was 8.3% above the pace during May.
By Ron Gallagher • July 24, 2013 -
Architecture Billings Index slides down from May but still points up
The index was at 51.6 in June, and since anything over 50 means business is growing, there were handshakes all around.
By Ron Gallagher • July 24, 2013 -
Will first-time buyers get a piece of the recovery?
The percentage of new owners who are buying a house for the first time appears to be slowly eroding, which some fear could lead to a high-end recovery without a solid base.
By Ron Gallagher • July 23, 2013 -
Even with a 1% slip, June construction starts help pull up the Dodge Index
The Dodge Momentum Index, compiled by McGraw Hill Construction, had been running behind 2012 during the first four months of this year, but May and June readings showed promise.
By Ron Gallagher • July 22, 2013 -
Fannie Mae thinkers see growth in 2013's second half despite interest rate rise
Economists at Fannie Mae say they expect second-half growth to grow this year, pulled by continuing residential recovery and consumer optimism.
By Ron Gallagher • July 22, 2013 -
Virginia's Pentagon City will get largest apartment building yet
Vornado is betting on sustained demand in the Washington, D.C. area.
By Ron Gallagher • July 22, 2013 -
Interest rates preventing a housing market recovery? Maybe not
Economists say that rising interest rates and rising home prices will not stall the ascent of the housing market—if they are accompanied by an improving economy, that is.
By Ron Gallagher • July 21, 2013 -
JLL report sees commercial construction beginning to join the recovery
While everyone has been cheering for the housing industry as it contributes to a national economic recovery, commercial construction is just now getting underway, Jones Lang LaSalle says.
By Ron Gallagher • July 19, 2013 -
Fed's latest national economic report is good on construction, real estate
The latest Beige Book—the Federal Reserve's eight-time-a-year look at the economy across its regions—has good, if modest, things to say about construction.
By Ron Gallagher • July 18, 2013 -
Clients will need contractors' help if inflation takes hold in U.S.
Looking at construction from the customers' side, two Leopardo Cos. executives explain what pressures on projects will come if inflation accompanies recovery.
By Ron Gallagher • July 18, 2013 -
Multifamily drags down June housing starts and permits
Multifamily housing, always more volatile than the single-family market, pulled June housing starts and building permits down 9.9% and 7.5%, respectively.
By Ron Gallagher • July 18, 2013 -
Green building, green finance to team on efforts in emerging markets
An arm of the World Bank and USGBC's global organization have agreed to work together to encourage green construction in urbanizing countries.
By Ron Gallagher • July 17, 2013
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