Economy: Page 122
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Home prices, demolition debris and the 'X-tweel': This week's Most Read Construction News
Home prices made their biggest gain in 7 years in another encouraging sign for the state of the economy.
By Davide Savenije • May 31, 2013 -
Rise in housing prices—too much, too soon?
No one is about to say that housing didn't desperately need to recover from the recession, but some financial analysts worry that the overall economy can't support the pace.
By Ron Gallagher • May 30, 2013 -
Explore the Trendline➔
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 -
Nonresidential construction accelerates, but can't keep up with economy
The index calculated by consultant FMI and based on an industry panel rose 2 points for the second quarter, but the overall economy index was up 7.9.
By Ron Gallagher • May 28, 2013 -
Home prices make biggest gain in 7 years
The 20-City Index for March was 10.9% higher than the year before, the biggest 12-month gain since April 2006, and the confidence index reached a mark unseen since February 2008.
By Ron Gallagher • May 28, 2013 -
As prices rise, new home sales continue upwards trajectory
Even though home prices are rising, buyers are moving into the new-home market, and April sales hit an annual pace of 454,000 units.
By Ron Gallagher • May 28, 2013 -
Gumenick Unveils Name for West End Project: Libbie Mill
Gumenick Properties, an award-winning real estate development and management company based in Henrico, is developing an 80-acre mixed used neighborhood in Richmond's West End. Recently, the company announced a new name for the project: Libbie Mill.
May 24, 2013 -
As demand returns, builders limit supply to boost prices
There is little better proof of a housing-market recovery than builders who feel they can safely sell fewer homes than the market wants.
By Ron Gallagher • May 24, 2013 -
Waypoint Homes files for $100M IPO despite decline of home-builder stocks
Three home-builder stocks are down even though the market is growing.
By Ron Gallagher • May 23, 2013 -
Survey: Business and mergers will both rise next year
A report based on a survey of high-level executives and managers at construction companies worldwide found that they see good things coming.
By Ron Gallagher • May 22, 2013 -
Opinion
Guest Post: The true value of green building
A former contractor dishes on the realities of green building.
By Wade Myer • May 22, 2013 -
Architects' billings fall in April
But inquiries still increased from March.
By Ron Gallagher • May 22, 2013 -
U.S. construction backlog down slightly, but regions vary widely
For the first quarter, the national backlog of work slipped from 8 months in the last quarter of 2012 year to 7.9 months in the first quarter of this year.
By Ron Gallagher • May 21, 2013 -
Better to invest in homes or stocks? Depends on how you measure it
How good a case can be made for the value of investing in a home depends partly on the ruler you use to measure it.
By Ron Gallagher • May 20, 2013 -
Construction jobs slip in 32 states
The new reflects the uneven nature of the recovery in the construction industry.
By Ron Gallagher • May 17, 2013 -
In some markets, single-family building starts are up as foreclosure starts fall
There is good news for home builders in RealtyTrac data that show housing starts rose nationally by the same margin that foreclosure starts fell in the first quarter of the year.
By Ron Gallagher • May 16, 2013 -
Steady national materials prices may obscure volatility for contractors
The wide calculation of prices for construction materials taken together looks pretty steady, but price volatility is rising because of global economic conditions.
By Ron Gallagher • May 15, 2013 -
Builder confidence rises towards tipping point
Wells Fargo and the National Association of Home Builders' index rose back up to 44 this month, but 50 is the target.
By Ron Gallagher • May 15, 2013 -
The 10 best—and worst—states for construction jobs
A 12-month comparison found the 10 largest increases and 10 steepest declines in construction employment between March 2012 and March 2013.
By Ron Gallagher • May 14, 2013 -
Builders' forecast: Good things to come from 55+ single-family buyers
The National Association of Home Builders' confidence index for the market segment is rising.
By Ron Gallagher • May 12, 2013 -
Looking for a construction job? Head west!
According to Department of Labor numbers, the five states adding the most construction jobs are all west of the Mississippi river.
By Sean Griffey • May 10, 2013 -
Why are builders turning down business?
Builders and subcontractors they rely on are having to say no to business they wish they could say yes to.
By Ryan Willumson • May 10, 2013 -
California home builders can't find enough workers
Years after the housing bust, home builders are now struggling to hire skilled workers
By Sean Griffey • May 9, 2013 -
Fannie Mae: Housing starts to return to 'normal' by 2016, but not jobs
Number-crunchers at Fannie Mae predict housing starts to return to pre-bust levels in 2016.
By Ron Gallagher • May 7, 2013 -
Economy Watch: Mortgage Delinquencies Continue to Edge Down
Lender Processing Services said that 6.59 percent of U.S. residential mortgages were delinquent in March, down from 6.8 percent in February.
May 7, 2013 -
Economist eyes three engines driving construction growth
Associated General Contractors Chief Economist Ken Simonson believes housing, the Panama Canal and shale gas will carry construction in the near future.
By Ron Gallagher • May 6, 2013