Economy: Page 55
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JLL forecasts positive outlook for 2017 office market, slight rise in vacancy rates
The real estate firm said tenants are paying more for high-quality space, but a short-term trend of oversupply has led to higher vacancy rates.
By Kim Slowey • May 3, 2017 -
New Zillow website focuses on first-time buyers
Sharing total monthly costs for home listings helps new buyers understand the total investment required for homeownership relative to renting.
By Katy Tomasulo • May 3, 2017 -
Explore the Trendline➔
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TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
More new homes financed by conventional mortgages as recovery continues
Conventional mortgages financed 72% of new-home purchases in Q1, while FHA-backed loans took a 14.7% share for the period.
By Mary Tyler March • May 2, 2017 -
Aging-in-place remodeling sees its popularity continue to grow
Simple and low-cost home-improvement projects are also becoming more popular, according to a survey of building professionals.
By Mary Tyler March • May 2, 2017 -
CoreLogic: Home-price growth continues in March
Despite tight inventory and elevated home prices, strong demand has 2017 gearing up to be the fastest-selling year on record.
By Mary Tyler March • May 2, 2017 -
Deep Dive
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 -
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 -
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 -
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 -
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 -
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 -
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
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