Construction executive pay expected to rise 4% in 2017

Members of the C-suite aren't the only people seeing wage gains in construction, as employers are boosting pay to draw and retain skilled workers.

By Kim Slowey • March 21, 2017

How the recession impacted home-value appreciation

Houses built during the last boom period are holding their value better than anticipated, creating affordability challenges for younger buyers.

By Katy Tomasulo • March 21, 2017

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Top 5 stories from Construction Dive

Construction Dive editors curate some of the industry’s top stories from this year.

By Construction Dive staff

One potential solution for DC's workforce housing crunch

Architect Roger Lewis proposes a "quasi-governmental" housing group to maintain workforce housing affordability in and around the District.

By Mary Tyler March • March 21, 2017

The price 'U-turn': What rising material costs mean for construction

Stalled trade agreements and the new presidential administration are two of the biggest factors in the recent turnaround in material costs.

By Kim Slowey • March 21, 2017

Remodeling spending to grow in large US metros in 2017

A rise in existing-home sales will drive demand for home-improvement services, per a report from the Joint Center for Housing Studies of Harvard University.

By Katy Tomasulo • March 20, 2017

Report: HOA fees on the rise nationwide

Homeowners' association fees are rising faster than inflation and home prices, with older and larger buildings experiencing higher rates, according to Trulia.

By Katy Tomasulo • March 20, 2017

Lack of home listings puts pressure on builders, buyers

Rising mortgage rates and pent-up demand continue to press builders who are racing to keep up as spring selling season gets underway.

By Mary Tyler March • March 20, 2017

Tech workers swarm Pittsburgh, Dallas for housing affordability

A new study from Zillow and LinkedIn looks at affordability for owners and renters employed in finance, technology and health services in the top U.S. metros.

By Sean Barry • March 17, 2017

Trump's budget proposal a mixed bag for the construction industry

The president's plan eliminates TIGER grants for transportation projects and provides billions for the U.S.–Mexico border wall.

By Kim Slowey • March 17, 2017

Miami developer Crescent Heights grows Chicago footprint with apartment tower buy

The company has purchased a handful of prominent residential buildings in the city in recent years as the high-end multifamily market there nears oversupply.

By Sean Barry • March 17, 2017

Millennials on the march in many US housing markets

More buyers age 35 and under are requesting mortgage loans, with the Midwest leading in affordability, according to a report from LendingTree.

By Sean Barry • March 17, 2017

What Trump's 2018 budget proposal means for affordable housing

The plan, which redirects many community and economic development activities to the state and local levels, is an indicator of the administration's priorities.

By Hallie Busta • March 17, 2017

San Francisco's affordable housing density bonus proposal faces officials — again

Supporters say the law will help bridge the growing affordability gap and add needed workforce housing while critics contend it will displace current residents.

By Sean Barry • March 17, 2017

What the latest Fed interest rate rise means for housing

The extent to which this and the additional two increases expected this year will impact home buying and selling activity has yet to be determined.

By Sean Barry • March 16, 2017

Why one NYC developer is unphased about declining rents, multifamily oversupply

Slate Property Group principal David Schwartz told Crain's there aren't enough rental properties coming online to meet the anticipated long-term demand.

By Sean Barry • March 16, 2017

Home buyer, seller optimism rises while renters remain wary

Consumer confidence is strong in the Midwest while high home prices have renters divided, according to a recent National Association of Realtors survey.

By Sean Barry • March 16, 2017

Housing industry poised for busy spring buying season

Mortgage rates would need to reach 5.4% to significantly deter new homebuying activity, according to a report from First American Financial Corporation.

By Sean Barry • March 16, 2017

Silverback plans $100M luxury condo project in Manhattan's Gramercy Park

In response to a weakening in the ultra-luxury apartment market, the developer expects to offer 75% of the units under $2.5 million.

By Sean Barry • March 16, 2017

Housing starts bounce back in February

Starts activity, which reached the second-highest level since October 2007, rose on the back of the single-family market.

By Mary Tyler March • March 16, 2017

NAHB: Builder optimism rebounds in March to reach 12-year high

President Donald Trump's actions to roll back regulations contributed to the surge this month, but economists warn that a slowdown could be on the horizon. 

By Mary Tyler March • March 15, 2017

Regulators wary of surge in construction, development loans

The issuance of C&D loans grew 14% last year, once again outpacing all other categories.

By Kim Slowey • March 15, 2017

CoreLogic: Residential foreclosures ease in 2016

Foreclosure rates are returning to pre-recession levels after peaking at 1.4 million homes, or 3.3% of the market, in September 2010.

By Sean Barry • March 15, 2017

Nonresidential construction backlog ends 2016 on a down note

The weak public sector was the primary driver of a 4% decline in the fourth quarter, according to the Associated Builders and Contractors.

By Kim Slowey • March 15, 2017

Multifamily completions set for cycle high in 2017

Growth in the category is expected to taper soon amid an oversupply in the luxury segment and rising demand for affordable units that is not being met.

By Sean Barry • March 15, 2017

Proposed $6B HUD budget cut could add to housing shortage

The funds could otherwise be used to bolster new construction and reduce regulatory delays that hold up affordable and market-rate projects, Trulia said.

By Sean Barry • March 15, 2017