Economy: Page 57
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Pending home sales bounce back in February
The measure of homes under contract reached its highest level in nearly a year and saw growth in all regions tracked.
By Mary Tyler March • March 29, 2017 -
TX leads in small cities with robust housing markets
Many of the housing markets on a new ranking from SmartAsset have reliable economic drivers, such as year-round tourism and large universities.
By Katy Tomasulo • March 29, 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 -
Low inventory continues to restrict housing recovery
Limited stock means higher asking prices, which are outpacing income growth and holding would-be first-time buyers back, according to an analysis by Bloomberg.
By Katy Tomasulo • March 29, 2017 -
S&P/Case-Shiller: Home prices surge to 31-month high in January
The housing industry has entered the spring selling season with prices at their highest levels in more than two years and additional growth projected.
By Mary Tyler March • March 29, 2017 -
Trump could introduce infrastructure bill in tandem with tax reform
Construction-related stocks rose on the news, as the administration had previously hinted it would wait until 2018 to push its infrastructure agenda.
By Kim Slowey • March 29, 2017 -
Why tight lending could be slowing economic recovery
Stricter credit standards is one of several factors contributing to homeownership rates hovering near a 50-year low.
By Katy Tomasulo • March 28, 2017 -
How the Fed's low interest rates helped post-recession housing
A new working paper from the Joint Center for Housing Studies of Harvard University finds a tie between mortgage demand and interest rates.
By Katy Tomasulo • March 28, 2017 -
Population growth slows in big cities, speeds up in suburbs
Demographic swings since the housing crash have buyers, and builders, looking beyond city limits for housing opportunities.
By Katy Tomasulo • March 27, 2017 -
Starter-home inventory continues to slide
The entry-level category faces affordability challenges that could stunt millennials' homeownership potential.
By Mary Tyler March • March 27, 2017 -
PwC: 3 trends shaping construction, engineering in 2017
Companies are facing tougher contract conditions, a period of increased consolidation and other changes to their operations.
By Kim Slowey • March 27, 2017 -
AGC: Construction employment grows in 39 states in February
Despite overall growth, construction employment in many states is still well below previous peaks.
By Kim Slowey • March 27, 2017 -
Freddie Mac streamlines assessments for homebuyers without credit scores
The move aims to support responsible lending while improving credit access for low- and moderate-income borrowers, as well as first-time buyers.
By Katy Tomasulo • March 24, 2017 -
Housing shortage looms over spring selling season
A historic undersupply of listings is fueling price growth that could drive away some prospective buyers, particularly millennials.
By Mary Tyler March • March 24, 2017 -
CA developer snags $145M loan for Menlo Park, CA office complex
The Bohannon Cos. said a scarcity of office space in the city would benefit the 16-acre project.
By Kim Slowey • March 24, 2017 -
New-home sales hit 7-month high in February
Strong and steady demand for housing is helping to offset inventory shortages and rising mortgage rates.
By Mary Tyler March • March 23, 2017 -
ConstructConnect: February nonresidential starts edge down 2%
Despite the slight dip, office construction still charged ahead with a 106% month-to-month increase in starts.
By Kim Slowey • March 23, 2017 -
In Detroit, more people rent their homes than own them
It's the first time since 1950 that the balance has swung toward renters, a symptom of low wage growth and slow economic recovery there overall.
By Katy Tomasulo • March 23, 2017 -
Deep Dive
'If you build it, they will come': Why convention center projects pay off
Meeting venues across the country are ramping up renovation efforts to convince show organizers and visitors that they are the best choice.
By Kim Slowey • March 23, 2017 -
Deep Dive
Gearing up for the golden years: Active-adult housing readies for demand
With roughly 10,000 Americans turning 65 each day, builders and developers are responding with a range of housing options to meet their needs.
By Debbie Reslock • March 23, 2017 -
Existing-home sales dip in February
Sales lagged last month due to a shortage of properties on the market and rising prices pushing away potential buyers.
By Mary Tyler March • March 22, 2017 -
Realtor.com: Top 10 cities for millennials
Job prospects and housing affordability played a significant role in determining these areas' popularity among younger buyers.
By Mary Tyler March • March 22, 2017 -
Rise in past-due FHA loans could hurt housing recovery
Observers are concerned that the trend could eventually hamper the current housing recovery by encouraging more defaults.
By Sean Barry • March 22, 2017 -
Dodge Data: February construction starts rise 2% on strong public works sector
Last month's uptick— to a seasonally adjusted annual rate of $706.4 billion — signals that overall construction starts in 2017 are trending up.
By Kim Slowey • March 22, 2017 -
Architecture billings climb back to positive territory in February
Despite a slow start to the year, the latest report shows that growth in construction activity could be on the horizon.
By Mary Tyler March • March 22, 2017 -
In some of the biggest US cities, many young millennials still live at home
Reasons for such high numbers coincide with what many analysts have been reporting: tight job markets and high median rents, among other factors.
By Katy Tomasulo • March 22, 2017