Economy: Page 122
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Home sales and prices both rose in Southern California, July figures show
Supply went up in the Southern California housing market last month, but demand did, too, and prices had their seventh straight month of 20+% gains from year-before numbers.
By Ron Gallagher • Aug. 15, 2013 -
Home-building boom in Texas seems imminent
Texas A&M University's Real Estate Center says the Lone Star State could need as many as 10.5 million new places to live in 40 years.
By Ron Gallagher • Aug. 15, 2013 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Gilbane foresees growing nonresidential volume, but also costs, for rest of 2013
Gilbane Building Co. says in its summer analysis of nonresidential building construction that the outlook for the rest of this year is good, but all of a 2013 construction gain of 5% will be from residential.
By Ron Gallagher • Aug. 15, 2013 -
Construction materials prices hold the line in July in government index
Construction materials overall were going for the same prices in July as in June, which put them 2% from July 2012 and a little bit behind the rise in all wholesale goods for the period.
By Ron Gallagher • Aug. 14, 2013 -
Cities hit hardest during recession now seeing biggest home-price rebounds
The National Association of Realtors is optimistic about some of the country's worst-hit areas.
By Ron Gallagher • Aug. 13, 2013 -
K2LA Luxury Development Selects Cobalt Construction for Second and Third Buildings
One of the largest luxury multifamily projects under development in Los Angeles now is the K2LA urban development. The project’s developer, Century West Partners, has recently announced that it has selected a company to handle the second and third phases of construction at the site. Cobalt ...
Aug. 12, 2013 -
Minneapolis market is a microcosm of U.S. housing construction
Home-building is booming in the Twin Cities area now, and the same factors that affect building nationally—supplies and labor—have prices up with bargains banished.
By Ron Gallagher • Aug. 12, 2013 -
Why 'housing bubble' fears are about as real as a horror movie
Media-generated talk about a new bubble in housing prices has as much truth to it as "Nightmare on Elm Street," auction.com executive vice president Rick Sharga says.
By Ron Gallagher • Aug. 12, 2013 -
Good news for home builders: Discount on foreclosures is falling
Builders have been at a disadvantage for several years, but the playing field is beginning to level out.
By Ron Gallagher • Aug. 12, 2013 -
A contractor's view: Labor will influence cost more than materials will
Alabama-based contractor Merrill Stewart sees labor shortages stirring things up in the coming years.
By Ron Gallagher • Aug. 9, 2013 -
The Urban Strategy America Fund Invests in 151-Unit Affordable Community
The Urban Strategy America Fund, a fund at New Boston Fund has closed on the permanent financing for the third financial rental phase of Olmsted Green, a community in Boston.
Aug. 8, 2013 -
Construction equipment industry sees Asian growth, but says U.S. already bought
A five-year projection for construction equipment purchases says 6% growth by 2017, but much of that will come from buying in China.
By Ron Gallagher • Aug. 8, 2013 -
One Republican, one Democrat pitch energy-efficiency bill
Sens. Rob Portman, Ohio Republican, and Jeanne Shaheen, New Hampshire Democrat, have written legislation to cut energy waste with better model building codes and education about what's available.
By Ron Gallagher • Aug. 8, 2013 -
Thanks to contractors and consumers, rental industry is smiling
Companies that rent equipment and tools to the construction industry are happy with their business this year and expect to get even happier.
By Ron Gallagher • Aug. 7, 2013 -
Another study has house price rises beginning to slow – at least for one month
Amid sellers' celebrations about house prices increasing from May to June, a study from Movoto Real Estate has the national average price per square foot holding steady from June to July.
By Ron Gallagher • Aug. 6, 2013 -
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