Economy: Page 59
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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 -
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 -
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 -
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 -
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 -
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 -
Deep Dive
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 -
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 -
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 -
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 -
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 -
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