Economy: Page 56


  • 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 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
  • 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
  • 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 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 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 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 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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