Economy: Page 56
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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 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 -
Explore the Trendline➔
Permission granted by Associated General Contractors of America
TrendlineLabor
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 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 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 -
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 Katy Tomasulo • 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 -
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 -
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 Katy Tomasulo • 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 Katy Tomasulo • April 21, 2017