Economy: Page 117
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Confidence index shows builders like prospects through year's end
Optimism showed up in all regions of the country with an overall reading that is the best since the start of 2006.
By Ron Gallagher • July 16, 2013 -
Freddie Mac's chief economist: Rising rates won't kill housing recovery
The market will shrink as it shifts from refinance to purchases, but Frank Nothaft says he thinks high demand and short supply will keep the market strong.
By Ron Gallagher • July 16, 2013 -
Caught without cash, some small home builders are selling out to large companies
A number of relatively small builders fought their way through the recession only to find themselves unable to borrow.
By Ron Gallagher • July 16, 2013 -
Materials prices finish second quarter with almost no increase
Construction materials prices as a whole finished June down 0.1% from May and are just about even with the first quarter of the year, federal figures show.
By Ron Gallagher • July 15, 2013 -
Sequestration effect: Bigger fish are feeding in a smaller pool of gov't work
Contractors who seek smaller federal contracts are finding themselves competing now with big new names.
By Ron Gallagher • July 14, 2013 -
Prescott, Ariz., code to raise standards, post energy numbers for buyers
As soon as the city council approves, 2012 international codes will be incorporated in municipal building codes, and builders will have to test finished systems.
By Ron Gallagher • July 12, 2013 -
LEEDv4 and apartments: This week's most read construction news
Head into the weekend better informed with the week's most popular news posts.
By Brian Warmoth • July 12, 2013 -
June foreclosure starts are lowest since end of 2005
RealtyTrac has some good news for the housing market.
By Ron Gallagher • July 11, 2013 -
Jan-May construction starts were off 3% from 2012
The Dodge division of McGraw Hill Construction found that rising home-building could not overcome the decline in non-residential building and non-building starts.
By Ron Gallagher • July 10, 2013 -
Consultant believes he can read 'IT' leaves for construction economy omens
Consider this argument: If corporate IT types are in no hurry to hire because they have doubts about the recovery, how much construction will their companies need?
By Ron Gallagher • July 10, 2013 -
Non-profit industry group will wave the flag for creating P3 projects
The new Association for the Improvement of American Infrastructure sees a need for America to embrace public-private partnerships for a variety of reasons.
By Ron Gallagher • July 9, 2013 -
Goal for UC Davis building: All wine out, no energy in
In the heart of California wine country, the Jess S. Jackson Sustainable Winery Building (JSWB) on the UC Davis campus is LEED Platinum and aiming for net-zero energy status.
By Ron Gallagher • July 9, 2013 -
Economy Watch Weekly: ECB Promises Low Rates, U.S. Adds More Jobs.
CPE’s economic analyst, Dees Stribling, gives his update for the week ending July 5.
July 9, 2013 -
Bouri Joins UMS as Senior Partner, Managing Director
Veteran corporate executive and management consultant George Bouri has joined Arlington, Va.-based UMS Advisory as the real estate and facilities management consulting firm’s new senior partner & managing director.
July 9, 2013 -
Developers see re-energized markets for building apartments
The rise in shoppers for homes notwithstanding, it appears that the demand for apartments is gaining strength as well.
By Ron Gallagher • July 8, 2013 -
NAHB scores show 255 metro areas are improving this month
The total is down from June's 263 and May's 258, but it is a darned sight better than less than a third of that total in July 2012.
By Ron Gallagher • July 8, 2013 -
Properties, Including Iconic Red Rose Inn, to Be Auctioned Under Chapter 11
Pending bankruptcy court approval, Red Rose Inn & Suites in Plant City, as well as other remaining properties owned by the Madonia family will see a change in ownership through a series of live and online auctions that are to be held in August.
July 6, 2013 -
Construction employment sees best June in five years
The latest unemployment data from the federal government said hiring brought unemployment in the construction industry down from 12.8% a year ago to 9.8% last month.
By Ron Gallagher • July 5, 2013 -
CoreLogic: May home prices 12.2% over last year
The Housing Price Index kept by advisory firm CoreLogic puts May home prices at 2.6% above April's prices and 12.2% over May 2012's mark.
By Ron Gallagher • July 2, 2013 -
Highway paving seeing $500M dropoff in 2013
Reduced spending at all government levels, including the end of federal stimulus money, put a half-billion-dollar dent in spending on highway paving for January through April.
By Ron Gallagher • July 1, 2013 -
Public nonresidential building up in May, but private goes down
Different economists looking at federal data for may saw good (total construction up) and bad (nonresidential construction down).
By Ron Gallagher • July 1, 2013 -
Global construction spending to hit $15 trillion in 2025, report predicts
The report from Global Construction Perspectives and Oxford Economics predicts that construction value globally will be 70% more than today.
By Ron Gallagher • July 1, 2013 -
233 lots sell for $4.9M as Tucson housing market continues to heal
Lennar has taken down 108 developed lots in a Tucson development, and Richmond American Homes has purchased 123 finished lots in the Pinal County suburbs.
By Ron Gallagher • June 29, 2013 -
Storm-defeating homes and the world's greenest building: This week's most read construction news
Need to catch up on construction news? Check out Construction Dive's most read news of the week.
By Davide Savenije • June 28, 2013 -
What do rising mortgage rates mean for the housing recovery?
Mortgage rates just had their biggest one-week jump since mid-April of 1987.
By Ron Gallagher • June 27, 2013