Economy: Page 55


  • 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
  • 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
  • AGC image library construction worker with steel Explore the Trendline
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    Permission granted by Associated General Contractors of America
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • 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
  • 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 April 25, 2017
  • Deep Dive

    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 April 25, 2017
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    Wikimedia commons
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    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
  • Canadian softwood lumber antidumping duties decision delayed until June

    Weyerhaeuser shares fell nearly 2% in response to the extension request. Meanwhile, word on countervailing duties is expected this week.

    By April 24, 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
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    Montgomery County Planning Commission
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    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 April 24, 2017
  • Dodge Data: March construction starts climb 5%

    The public works and multifamily sectors, as well as office and airport construction, were the primary drivers of the third-consecutive month of increases.

    By Kim Slowey • April 24, 2017
  • Existing-home sales swing back in March to fastest pace in more than a decade

    Unless inventory conditions improve, the price increases that have defined the last few years are expected to continue.

    By Mary Tyler March • April 21, 2017
  • Remodeling activity strong in Q1 with mixed growth projections

    Recent market reports suggest that home-improvement professionals are optimistic about activity ahead, though growth could taper somewhat.

    By Mary Tyler March • April 21, 2017
  • D.R. Horton raises revenue, home sales forecasts after strong Q2

    The national builder is targeting double-digit annual growth in revenues and pre-tax profits while maintaining positive operating cash flows and returns.

    By April 21, 2017
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    TRI Pointe Group Inc.
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    Tri Pointe makes big moves at 6 Southern CA communities

    The plan covers nearly 8,000 homes, most of which have yet to be built, at a time when the state's housing inventory is in short supply.

    By April 21, 2017
  • US rent growth hit 5-year low in March

    Even with the tapering in most markets, monthly payments remain high and continue to be a barrier for households looking to own their homes.

    By Mary Tyler March • April 21, 2017
  • Report: VT leads US states in sustainability

    The Green Mountain State is home to the country's first all-renewable city, Burlington, which has been followed by other cities nationwide doing the same.

    By April 20, 2017
  • ConstructConnect: March nonresidential starts surge 18%

    The strong showing last month soared past the average February-to-March bump.

    By Kim Slowey • April 20, 2017
  • CA state senator: More market-rate housing critical to fixing state's affordability woes

    California State Sen. Scott Wiener says the state doesn't have the resources to produce only affordable inventory to close its 100,000-unit annual housing gap.

    By April 20, 2017
  • Majority of young adults not interested in construction trades

    A recent survey by the National Association of Home Builders highlights the industry’s ongoing struggle to recruit and retain workers.

    By Mary Tyler March • April 20, 2017
  • Architecture billings continue rebound in March

    The index started out the year in negative territory but quickly rallied on the strength of an active spring season.

    By Hallie Busta • April 19, 2017
  • 2017 on pace to be fastest-selling year on record

    The average home in March went under contract in 49 days, compared to 60 days the year before, according to Redfin.

    By Mary Tyler March • April 19, 2017
  • Report: More subs looking to distributors for siding products

    For companies serving this market, most sales today come from small contractors targeting local and regional markets. 

    By Mary Tyler March • April 19, 2017
  • Housing starts fall back, permits forge ahead in March

    Despite declines in single- and multifamily starts, an uptick in building permit authorizations could be a boon for future construction.

    By Mary Tyler March • April 18, 2017
  • MO city council puts 90-day hold on shipping container projects

    Shipping containers are growing in popularity for residential construction and secondary-use buildings, causing municipalities to consider them in local codes.

    By Mary Tyler March • April 18, 2017