Remodeling spending growth to continue in 2017

Owners in parts of New York and California are expected to spend the most on home-improvement projects, the National Association of Home Builders said.

By Mary Tyler March • May 30, 2017

New San Francisco law rewards developers for adding affordable housing

Developers will earn up to two extra floors if 30% of the building’s units are set aside as affordable in an effort to contend with a state-wide housing shortage.

By Katy Tomasulo • May 26, 2017

Continued cooling in multifamily activity lowers outlook in Q1

Completions in the segment are expected to taper this year as projects wrap up and banks step back from financing new, large deals.

By Mary Tyler March • May 26, 2017

Zillow: Home values exceed pre-recession peak

Industry observers aren't fearing another bubble, however, as price growth this time around is being fueled by heavy demand and tight supply.

By Mary Tyler March • May 26, 2017

TX developer uses blockchain to finance community construction

Digital asset technology is growing in use across industries as a way to facilitate and track business transactions.

By Katy Tomasulo • May 26, 2017

DC metro area commercial construction surged 69% in 2016

All subregions — Northern Virginia, suburban Maryland and Washington, DC — saw increases in commercial activity last year after the overall 31% plunge in 2015.

By Kim Slowey • May 26, 2017

Easing AD&C credit conditions quicken their pace in Q1

Residential construction loans have been on a largely upward trend, with continued growth in Q1 as loan volume correlates with credit conditions.

By Mary Tyler March • May 25, 2017

Single-family rental companies tap into new construction

The build-to-rent sector is targeting consumers who want to live in a single-family home but aren't ready or able to buy.

By Katy Tomasulo • May 25, 2017

What's driving new-home sales outside major metros?

Developers are filling urban cores with luxury housing, leaving those cities and their suburbs wanting for affordable homes as centers of demand shift.

By Katy Tomasulo • May 25, 2017

Tight supply drives existing-home sales down in April

A shortage of available listings, particularly in the entry-level and mid-market categories, will likely continue to bring down sales figures in the coming months.

By Mary Tyler March • May 24, 2017

Architecture billings stay in positive territory for third-straight month

New project inquiries and design contracts both climbed in April despite the overall index slipping from 54.3 in March to 50.9 for the month.

By Mary Tyler March • May 24, 2017

Historical permit data reveals depth of inventory crunch

While the housing industry is returning to normal based on many economic indicators, permit authorizations still lag, though relief may be ahead.

By Katy Tomasulo • May 24, 2017

Trump's 2018 budget offers more details on HUD cuts

The proposed full budget eliminates funding for the Housing Trust Fund, which uses set-asides from GSE lending activity to fund low-income housing.

By Hallie Busta • May 23, 2017

New-home sales fall back in April

Sales in the category came in well below analyst predictions, but supply levels are turning up as builders race to meet demand.

By Mary Tyler March • May 23, 2017

Search for housing affordability drives growth in the suburbs

Developers are meeting millennials in the middle by offering communities in outlying areas with amenities and other services in a walkable distance.

By Katy Tomasulo • May 23, 2017

21 states add construction jobs in April as labor shortage persists

The AGC continues to call upon U.S. lawmakers to pass legislation that funds career and technical education programs.

By Kim Slowey • May 23, 2017

Where trading up homes is the toughest

From Florida to Hawaii, rising home prices and limited supply have some owners unsure of their ability to afford a new home after selling their current one.

By Katy Tomasulo • May 23, 2017

Multigenerational households more likely to remodel

Households with a generation older than the head tend to spend the most on such work, with recent growth in aging-in-place renovation work one likely driver.

By Mary Tyler March • May 23, 2017

Dodge Data: Construction starts tumble 13% in April

A drop-off in large nonbuilding projects drove the downturn in overall starts.

By Kim Slowey • May 22, 2017

Suburban rental rates rising faster than urban rents for the first time in 4 years

Hot metro areas are seeing the biggest impact after years of skyrocketing rates continue to gobble up more of renters' monthly incomes.

By Katy Tomasulo • May 22, 2017

NY Gov. Cuomo reveals $20B affordable housing plan

The program represents the largest investment in the development and preservation of affordable housing in New York's history.

By Mary Tyler March • May 22, 2017

Study: Tax reform could raise taxes on middle-class homeowners

The types of changes proposed by the presidential administration could result in an average tax increase of $815 for owners earning between $50,000 and $200,000.

By Mary Tyler March • May 22, 2017

ConstructConnect lowers 2017 starts forecast due to weak Q1 activity

The group also cited the president's lack of movement regarding tax reform and infrastructure spending as another factor in the less-optimistic forecast.

By Kim Slowey • May 19, 2017

Homeowners spend $15K on average to prepare for sale

Staging, carpet cleaning, interior painting, lawn care and house cleaning were the five most popular home prep projects in a Zillow–​Thumbtack analysis.

By Mary Tyler March • May 19, 2017

Townhouse construction slows in Q1, still near 20-year high

Activity in the sector is expected to pick back up as prospective buyers in search of affordable, entry-level housing buck the tight single-family market.

By Mary Tyler March • May 19, 2017