Economy: Page 52
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San Francisco commits $44M to teacher housing
The project could provide up to 150 units for area educators in a city that ranks worst in the nation for housing affordability for teachers.
By Mary Tyler March • May 15, 2017 -
Chase offers new mortgage borrowers 100K credit card points
Big banks are dishing up more perks to encourage prospective homebuyers, particularly millennials, to take out mortgage loans through them.
By Katy Tomasulo • May 12, 2017 -
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 -
Rising wages, steadying prices give housing affordability a boost in Q1
The most affordable markets remain in the Midwest and Rust Belt where employment opportunities have been slow to return.
By Mary Tyler March • May 12, 2017 -
Suburban renters outnumber urban renters in most major US metros
Lower rents and access to urban job centers are drawing renters out of cities and into nearby suburbs — a trend that could further drive homebuying there.
By Mary Tyler March • May 12, 2017 -
NYC residential permits soar in Q1 amid new property tax-break program
Between January and March, the city issued permits for 6,343 units — triple the number for the same period in 2016 and the most since 2007.
By Kim Slowey • May 12, 2017 -
Construction material prices continue to climb in April
With rising material and labor costs, owners today face less-favorable conditions for buying construction services than they have in recent years.
By Mary Tyler March • May 11, 2017 -
Boston construction activity booming with 14M square feet of development underway
That rapid pace has sparked concern that developers are creating a glut of luxury housing and office space in the city.
By Kim Slowey • May 11, 2017 -
Study: Construction workers in southern US lack employment benefits
The Workers Defense Project found that 40% of construction workers in Houston have no health insurance, retirement savings, paid vacations or sick leave.
By Kim Slowey • May 11, 2017 -
Midwest, East Coast have best millennial job, housing prospects
Recent college graduates can find the optimal balance between housing costs and earning potential in revived inland and coastal markets, according to a new study.
By Mary Tyler March • May 11, 2017 -
When will millennials move out of their parents' houses?
Rising home prices, slow job growth, high student debt and general risk-aversion are keeping them in a holding pattern for now, reports the Pew Research Center.
By Mary Tyler March • May 11, 2017 -
UPDATE: Tesla's solar shingles are now available for pre-order
The company says the system will cost roughly $21.85 per square foot and that it will include a mix of solar and non-solar shingles that look the same from the ground.
By Hallie Busta • May 10, 2017 -
Deep Dive
Round 1: What the latest Canadian lumber tariffs mean for US housing
A new tax on Canadian softwood lumber imports has the U.S. construction industry weighing supply and demand ahead of possible additional duties.
By Katy Tomasulo • May 10, 2017 -
Rare patch of for-sale land could bring more housing to Seattle
Though it’s uncertain who will buy the 17.8-acre parcel and what they will do with it, the land could hold up to 90 single-family homes — a boon to the city's tight market.
By Katy Tomasulo • May 10, 2017 -
PulteGroup plans to shed 4,600 inactive, underutilized lots
The move follows an internal review of the company’s land portfolio with the goal of achieving higher returns on invested capital.
By Katy Tomasulo • May 10, 2017 -
Deep Dive
When tech comes to town: How corporate hubs are driving community development
Tech companies bring more than direct employment benefits, as their presence can be a catalyst for new transportation, housing and entertainment options.
By Kim Slowey • May 9, 2017 -
Opinion
6 hiring moves to beat the labor shortage
From posting Facebook ads to recruiting employees' friends and family, one electrical contractor explains how he's staying staffed in a competitive hiring market.
By Jon Dumbauld • May 9, 2017 -
These housing markets had the biggest post-crash recoveries
Cities with the most robust comebacks are home to higher education and research facilities and have a young, educated workforce, according to Realtor.com.
By Mary Tyler March • May 9, 2017 -
Home prices up, supply down in Las Vegas
After years of booming activity, the Great Recession hit Sin City hard. But new commercial projects could bode well for a residential construction revival.
By Katy Tomasulo • May 9, 2017 -
Investors ramp up infrastructure focus in 2017
Infrastructure-related investment has reached $460 million so far this year amid optimism regarding Trump's potential program and the FAST Act already in place.
By Kim Slowey • May 9, 2017 -
Warren Buffett's Clayton Homes adds tiny houses to its lineup
The country's largest modular and manufactured homebuilder is furthering its position in the offsite category with its latest move in permanent housing.
By Katy Tomasulo • May 9, 2017 -
More homes are sold for less in late summer
Homes sold in August or September will likely face more competition and bigger price cuts than those on the market earlier in the year, according to Zillow.
By Mary Tyler March • May 8, 2017 -
Dodge Momentum Index falls 5% after 6 straight months of gains
The institutional sector, which drove previous increases in the index, dropped 12%, while the commercial segment remained almost flat.
By Kim Slowey • May 8, 2017 -
Construction employment sees moderate growth in April
The recent slowdown in hiring activity comes after the industry added nearly 100,000 jobs in the first two months of 2017.
By Mary Tyler March • May 5, 2017 -
US housing markets back to 'normal,' but permits lag
While employment and home prices are at or above normal activity, single-family permits are behind by half, according to the National Association of Home Builders.
By Mary Tyler March • May 5, 2017 -
Despite Q1 dip, optimism in 55+ market expected to stay strong
New construction and remodeling activity in the segment will likely hold steady over the next decade as baby boomers downsize or renovate to age in place.
By Katy Tomasulo • May 5, 2017