Economy: Page 118
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Harvard housing report finds troubling data amid optimism
An annual report from Harvard's housing think tank is positive, but homeownership in the population is shrinking.
By Ron Gallagher • June 27, 2013 -
Hotel industry construction rebounds in wake of recession
The hotel industry's spending fell off 80% between 2008 and 2011, but it is creeping back, and investors see opportunities to build or renovate.
By Ron Gallagher • June 27, 2013 -
In final calculation, Q1 GDP growth takes step back
The third round of math by the Bureau of Economic Analisys brought GDP growth well below the rosier 2.4% first estimate in April.
By Ron Gallagher • June 27, 2013 -
Green projects see rapid rise in retail, hospitality industries
A survey by McGraw Hill Construction found that owners see green as an important piece of their expansion strategies.
By Ron Gallagher • June 26, 2013 -
Dubai now has world's greenest building
Dubai already had the world's tallest building, but now it can boast the commercial building with the highest LEED score of all time.
By Ron Gallagher • June 26, 2013 -
U. of Arizona, developers start 350-acre project as Tucson market heals
Systems are go for a 350-acre community of homes and retail anchored by the 3 million-square-foot Arizona Biosciences Park.
By Ron Gallagher • June 26, 2013 -
Pickup truck sales gunning for pre-recession levels by year's end
Sales of pickup trucks were picking up before housing reignited, and dealers see even better days ahead.
By Ron Gallagher • June 25, 2013 -
New-home sales up 29% in May over last year
Home builders are happy, with new-home sales in May coming in 2.1% above April and 29% above May 2012.
By Ron Gallagher • June 25, 2013 -
20 U.S. metro areas spending the most on new construction
The ongoing recovery is producing more construction investment; here are the 20 U.S. metros spending the most on new construction starts.
By Ron Gallagher • June 24, 2013 -
Zillow: Home prices to climb 4.1% by next May
Fresh off last week's news of a 5.4% increase in the 12 months ending in May, the real estate analysis firm says the next period will see a slightly lower increase.
By Ron Gallagher • June 23, 2013 -
Bloomberg, Obamacare and supply shortages: This week's most read construction news
Keep up with the construction industry with our recap of the week's biggest headlines.
By Davide Savenije • June 21, 2013 -
Construction jobs on the rise in 27 states and D.C.
States blessed with energy projects are gaining jobs at a healthy pace, but many states are still hurting from restricted construction spending.
By Ron Gallagher • June 21, 2013 -
Economy Watch: Existing Home Sales Spike
Total existing-home sales rose 4.2 percent to an annualized rate of 5.18 million units in May from 4.97 million in April, and are 12.9 percent above the 4.59 million-unit pace in May 2012, according to the National Association of Realtors.
June 21, 2013 -
Overall U.S. construction rises 5% in May
Construction starts of all kinds rose 5% last month to an annual pace of $495.7 billion, with nonresidential, residential and nonbuilding all contributing.
By Ron Gallagher • June 20, 2013 -
Multifamily starts roar back in May as single-family starts hold steady
Multifamily housing starts bounced back 21.6% from what was deemed an over-correction in April.
By Ron Gallagher • June 19, 2013 -
Report warns of lumber, wall board supply shortages
Questions added to the monthly Housing Market Index survey of builders found that about a fifth of respondents are having trouble getting the materials they need.
By Ron Gallagher • June 19, 2013 -
Construction Lending, Foreign Buyers Trend
SAN DIEGO-Lenders are opening the spigots for construction once again, and international buyers consider the US a safe haven for real estate investments compared to their own countries, say speakers at RealShare Investment & Finance.
June 19, 2013 -
Charles Henricks
The Fountains of San Antonio Purchased by Metonic Real Estate Services
The Fountains of San Antonio multifamily complex has been recently acquired by Metonic Real Estate Services, an Omaha-based private investment management company. This is not the first property the investors purchased in Texas, the metro area of the city seeming really attractive to them. In Febr...
June 18, 2013 -
Toll Brothers not worried about potential rise in mortgage rates
Other publicly traded builders compete with each other for what could be a shrinking number of buyers if rates keep going up, but Toll Brothers' upscale market stands alone.
By Ron Gallagher • June 18, 2013 -
Inquiries still healthy as index finds architects' billings down in April
Architects billed less work in April than they had in March, the first such drop in eight months, but they say inquiries and new contracts continue to grow.
By Ron Gallagher • June 18, 2013 -
Large urban projects driving rises in cost, says Turner report
The construction company's respected national index of commercial project costs stood 4% above where it was a year ago.
By Ron Gallagher • June 18, 2013 -
Survey: More than half of builders finally believe the worst is over
The monthly survey of builders' confidence showed outlooks at a level not seen in more than seven years.
By Ron Gallagher • June 17, 2013 -
Construction materials prices hold the line again in May
There are variations, of course, but the market seems to be holding pretty steady.
By Ron Gallagher • June 17, 2013 -
It would take a good bit more than today's activity to fill a housing 'bubble'
Sales are up, as are housing starts, but the numbers, in comparison to the boom, do not support talk of a bubble.
By Ron Gallagher • June 17, 2013 -
The Nicaragua Canal? A century-old idea is being revived
The idea of digging a canal across Nicaragua had some momentum until work began in Panama 100 years ago, but the country's government is liking the idea anew.
By Ron Gallagher • June 14, 2013
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