How amusement features in mixed-use projects are driving the 'experience economy'

Shoppers, tourists and adventurers are looking for more than a souvenir — they want a memory.

By Kim Slowey • May 2, 2017

Report: Millennials leaving the nest at faster pace

A new report from Fannie Mae shows an improved outlook for older millennials, though housing affordability challenges remain.

By Katy Tomasulo • May 2, 2017

Builders may not feel impact of Canadian softwood lumber tariffs for 6 months

Speculation of likely tariffs contributed to price increases of nearly 30% for some products before duty values were even announced.

By Katy Tomasulo • May 2, 2017

Construction spending falls back in March

The residential sector notched up for the month, while nonresidential and public construction posted losses.

By Mary Tyler March • May 1, 2017

In these markets, owning a home is less expensive than renting

Cleveland rocks when it comes to the share of for-sale, median-priced homes affordable to the typical local renter without raising monthly housing costs.  

By Hallie Busta • May 1, 2017

Lennar breaks ground on one of Broward County, FL's last big housing developments

The WCI community is one of the last large-scale developments in a market where high prices and limited affordable inventory are pushing some residents out.

By Katy Tomasulo • May 1, 2017

In priciest metros, more home shoppers are looking elsewhere

California leads among states seeing a population exodus while the South and Sun Belt states are experiencing high levels of inflow.

By Katy Tomasulo • April 28, 2017

Home sellers see biggest return on investment since 2007

The first quarter of 2017 marked the most profitable time to sell in nearly a decade, with those sellers having owned for an average of just under eight years.

By Mary Tyler March • April 28, 2017

Homeownership rate holds steady in Q1

More younger households owned during the quarter, but the overall rate isn’t expected to grow quickly as tight for-sale supply means plenty of demand is unmet.

By Mary Tyler March • April 28, 2017

Aluminum company set to build $1.3B KY plant

The state's recent passage of legislation favoring open-shop work policies played a major role in Braidy Industries' decision.

By Kim Slowey • April 28, 2017

Report: Trump's $1T infrastructure plan could create 3M jobs

If planned without job optimization in mind, however, the plan would generate roughly half the potential positions, according to the Boston Consulting Group.

By Kim Slowey • April 28, 2017

Inventory shortage drags pending home sales down in March

The 2017 spring selling season is still off to a strong start, with growth previously reported in new- and existing-home sales for March.

By Mary Tyler March • April 27, 2017

Consumer confidence misses estimates in April, though outlook stays positive

Despite a slight drop-off in planned home purchases during the month, the figure has trended upward in recent years, according to the The Conference Board.

By Mary Tyler March • April 27, 2017

S&P/Case Shiller: Home-price growth beats expectations in February

Constrained inventory continues to drive up housing prices, and the spring season is fueling even more frenzied buying.

By Katy Tomasulo • April 27, 2017

How a down market has affected millennials compared to previous generations

Millennials earn less and own homes in smaller numbers than previous generations, though they were hit harder by the last downturn, Trulia found.

By Katy Tomasulo • April 27, 2017

Consumer confidence to drive more home-improvement spending in 2017

Remodelers can expect to see more big-ticket renovation work in 2017, including bathroom remodels and additions, according to HomeAdvisor.

By Mary Tyler March • April 26, 2017

New-home sales keep climbing in March as inventory tightens

The month’s figures handily beat analyst expectations as the housing market’s recovery continues to build momentum.

By Hallie Busta • April 25, 2017

Report: Big price gap between large-scale, local solar installers

A few big companies control a majority of the residential solar panel installation market, which is one contributor to higher prices from those providers.

By Mary Tyler March • April 25, 2017

US residents believe home prices will continue to rise

According to a recent Gallup poll, optimism is highest in the West and in the South, though in all regions, a majority of people expect prices to keep rising.

By Katy Tomasulo • April 25, 2017

Gilbane starts construction on Wayne State University housing — part of $1.4B P3

Developer Corvias will manage the new 395,000-square-foot student housing complex in Detroit, which is expected to fully open in 2019.

By Kim Slowey • April 25, 2017

US announces preliminary tax on Canadian softwood lumber imports

Monday’s news is the latest in the decades-long trade dispute concerning the volume and pricing of Canadian softwood lumber exports to the U.S.

By Hallie Busta • April 25, 2017

How will Trump's 'Buy American, Hire American' executive order impact construction?

Unlike previous orders that aim to streamline schedules and cut red tape, this latest measure is facing industry pushback due to its potential to increase costs.

By Kim Slowey • April 25, 2017

CalAtlantic opens 6 communities in one busy weekend

Most are priced from the $200,000s to the $400,000s and are located in active suburbs of Atlanta, Minneapolis, Chicago, Austin, TX, and Houston.

By Katy Tomasulo • April 25, 2017

17 states add construction jobs in March as hiring surge wanes

February's mild weather led to a jump in early hiring for the year, which diminished March's typical seasonal increase, according to the AGC.

By Kim Slowey • April 24, 2017

Rising sea levels could start to take a toll on coastal housing

Some homeowners in South Florida are selling early, concerned that increasing fears of sea-level rise will spark a sell-off down the road.

By Katy Tomasulo • April 24, 2017