Economy: Page 134
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Housing issue offers political opportunities, pitfalls for Romney, Obama
Republicans may test the waters with criticism of Obama while Dems may want to avoid the "f" word (foreclosure).
By Ron Gallagher • Sept. 6, 2012 -
Realtors report houses are moving faster from "for sale" to "sold"
The National Association of Realtors says a measure of sale time began to drop in the spring.
By Ron Gallagher • Sept. 6, 2012 -
Office is mending slowly, but industrial is looking good, agents say
Realtors blame a lack of job creation and tight credit for keeping office-space recovery at a crawl.
By Ron Gallagher • Sept. 5, 2012 -
July home price jump from 2011 is best in six years
Data from CoreLogic shows that home prices nationally were 3.8% higher than 12 months before.
By Ron Gallagher • Sept. 4, 2012 -
Home buyers tell survey they are encountering competition for their offers
As the housing market claws its way back, more buyers are finding they have to contend with competing offers.
By Ron Gallagher • Sept. 4, 2012 -
July construction: Down from June, up from 2011 and dependent on private sector
The nation's total spending on construction in July was 0.9% lower than June's, but 9.3% higher than it was a year before.
By Ron Gallagher • Sept. 4, 2012 -
A housing recovery likely means an immigration debate
Lean building advocate Scott Sedam says the prevalence of foreign workers in several trades is going to force some decision-making.
By Ron Gallagher • Sept. 3, 2012 -
Miami real estate pros claim housing market faces a shortgage
You might have to reach into your memory to understand, but agents say the area cannot meet demand.
By Ron Gallagher • Sept. 3, 2012 -
Money 'parked' by banks supports complaints that they are not lending
The Federal Reserve Bank of New York says banks are keeping money in its vaults rather than lending.
By Ron Gallagher • Aug. 30, 2012 -
Americans' debt drops, including mortgages, and new foreclosures fall in 2Q
The data offer some evidence to support arguments that the housing market is stabilizing.
By Ron Gallagher • Aug. 30, 2012 -
Public-sector school construction opportunities shrink
Schools were a backstop when housing began to fall, but that market is drying up along with local budgets.
By Ron Gallagher • Aug. 29, 2012 -
GDP growth offers a muted backdrop for continued housing improvement
The nation's gross domestic product growth rate was down in the second quarter from the first, but higher than predicted.
By Ron Gallagher • Aug. 29, 2012 -
Meet the Southeast's Women of Influence
MIAMI-The Southeast is home to its fair share of commercial real estate heavy hitters. Find out who made the list.
Aug. 29, 2012 -
Government finds construction job count down in 165 metro areas, up in 123
Monthly data show jobs in construction grew scarcer in 165 metropolitan areas in the U.S. in July.
By Ron Gallagher • Aug. 28, 2012 -
Case-Shiller's good news: Home prices continue rising for second month
The housing industry cheered when the S&P/Case-Shiller index of home prices showed a second, consecutive monthly increase.
By Ron Gallagher • Aug. 28, 2012 -
Economy drives mortgage lender Hudson City Bancorp into a merger
The company founded in 1868 got through the Depression, but it will merge now with M&T Bank.
By Ron Gallagher • Aug. 27, 2012 -
Commercial equipment buying and leasing is gathering strength
Data from the equipment finance industry shows that volume slipped from June to July, but it remains well ahead of last year.
By Ron Gallagher • Aug. 27, 2012 -
U.S. jobs problems, tight lending hold back some commercial construction sectors
The National Association of Realtors sees job problems hurting offices and credit hurting building demand.
By Ron Gallagher • Aug. 27, 2012 -
Index of sentiment about nonresidential building takes a hit
A index compiled by FMI says nonresidential contractors are feeling worse as issues loom.
By Ron Gallagher • Aug. 26, 2012 -
Travel in Africa is driving four major airport projects
Construction work at airports in Sudan, Rwanda, Kenya and Egypt will boost passenger capacity 28%.
By Ron Gallagher • Aug. 24, 2012 -
Deep Dive
Most Read Construction News of the Week: Aerogel, turnaround towns and trucks
Too busy to keep up with the news this week? Check out Construction Dive readers' five favorite reads.
By Brian Warmoth • Aug. 23, 2012 -
Sales of new homes up 3.6% in July, but inventory is very tight
Monthly figures from the National Association of Home Builders put sales of new homes back up to May's encouraging pace.
By Ron Gallagher • Aug. 23, 2012 -
Toll Brothers financials for 3Q report vote 'yes' on housing recovery
The company's 3Q income rose 46% over 2011's number, and units delivered rose 39%.
By Ron Gallagher • Aug. 22, 2012 -
Annual sales rate for existing homes up 100,000 from June to July
The 4.47 million pace reported by the National Association of Realtors was 2.3% ahead of June.
By Ron Gallagher • Aug. 22, 2012 -
Alliance of 3 St. Louis firms gets nod for $1 billion hospital job
An expansion of BJC HealthCare's campus in the Central West End of St. Louis is a win for three local construction companies.
By Ron Gallagher • Aug. 21, 2012