Economy: Page 62


  • As commutes lengthen, more Americans work from home

    The shift is affording builders and remodelers the opportunity to add office space to their projects, in particular via finished basements and multipurpose rooms.

    By Sean Barry • Feb. 28, 2017
  • Low supply pulls pending home sales down in January

    Inventory shortages and price pressure reduced the volume of contract activity for the month to the lowest level in a year.

    By Mary Tyler March • Feb. 27, 2017
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • NYC nonprofit developers to form affordable housing trust

    The Joint Ownership Entity NYC is expected to roll out this spring and aims to own 3,000 affordable units across 50 projects.

    By Sean Barry • Feb. 27, 2017
  • HousingWire: 3 factors holding back millennial homeownership

    The headwinds keeping entry-level supply down compound other challenges facing millennials, such as student debt, limited savings and tight lending.

    By Sean Barry • Feb. 27, 2017
  • Single-family rental investors grow their share of the housing market

    By targeting entry-level properties, they are fueling a shortage of affordable for-sale inventory aimed at younger, first-time buyers who are struggling to gain a foothold.

    By Sean Barry • Feb. 27, 2017
  • New-home sales rebound in January as demand solidifies

    Despite the month-to-month volatility, the category rose 3.7% from December while inventory levels dipped slightly.

    By Mary Tyler March • Feb. 24, 2017
  • NYBC: Value of NYC construction starts plunged 22% in 2016

    The drop was due almost entirely to an $8 billion year-over-year decline in residential starts.

    By Kim Slowey • Feb. 24, 2017
  • NAR: Steady growth ahead for commercial real estate in 2017

    The demand for office space in smaller markets will likely play a significant role in activity this year.

    By Kim Slowey • Feb. 24, 2017
  • Rapid home-price growth tapers in the West, heads south

    Markets in Texas, Tennessee and Florida, in particular, are seeing steady price hikes while former hot spots in California are getting some relief, according to Zillow.

    By Sean Barry • Feb. 24, 2017
  • Builder optimism in multifamily continues as market cools

    Builders are bullish on the segment’s fundamentals as many of the country's largest markets report saturation in the category.

    By Sean Barry • Feb. 24, 2017
  • CA leads top housing markets in February

    Dallas, Denver and Colorado Springs, CO, were the only non-Golden State cities in the top 10 of Realtor.com's monthly ranking of the hottest U.S. housing markets.

    By Sean Barry • Feb. 24, 2017
  • Sekisui House grows US footprint with Woodside Homes acquisition

    Japanese homebuilders are increasing their presence in the U.S. as a population contraction in Japan weakens the demand pipeline.

    By Sean Barry • Feb. 23, 2017
  • Mattamy Homes to exit MN housing market

    The Toronto-based builder sold most of its assets in the state to CalAtlantic Homes and M/I Homes, both strong players in the Midwest housing market.

    By Sean Barry • Feb. 23, 2017
  • Dodge Data: Construction starts climb 12% in January

    The institutional sector took the lead last month, driven primarily by airport terminal construction.

    By Kim Slowey • Feb. 23, 2017
  • January existing-home sales post strongest pace in a decade

    The category started the year at a level not seen since February 2007 as hiring and consumer confidence remains robust.

    By Mary Tyler March • Feb. 22, 2017
  • New Orleans mulls mandatory affordable housing requirement

    The Smart Housing Mix program would loosen density rules, reduce parking requirements and afford tax breaks to encourage developers to add affordable units.

    By Sean Barry • Feb. 22, 2017
  • Toll Brothers leads Fortune list of most-admired builders

    The homebuilder topped the list for the second-straight year and was joined by Lennar, D.R. Horton, CalAtlantic Group and NVR.

    By Sean Barry • Feb. 22, 2017
  • Architecture billings start 2017 on a down note

    January marked the first month of decreased demand for design services since September, coming on the heels of 2016's highest score in December.

    By Mary Tyler March • Feb. 22, 2017
  • Banks back off multifamily financing as apartment market cools

    News that major lenders are getting cold feet indicates a softening in the apartments category as supply, particularly at the high end of the market, outpaces demand.

    By Sean Barry • Feb. 22, 2017
  • Caldwell Companies launches luxury active-adult homes unit

    The Texas builder is among the latest to target the category amid forecasts of growth in the coming years as baby boomers seek options when downsizing.

    By Sean Barry • Feb. 22, 2017
  • TX home prices, sales reach record highs in 2016

    Population and job growth helped buoy the market against a broader economic slowdown in the state during the year, but housing affordability remains a concern.

    By Sean Barry • Feb. 22, 2017
  • Mortgage payments' share of monthly income hits 10-year high

    The cut of earnings required to purchase a home is on the rise due to home-value appreciation and rising mortgage rates, according to Zillow.

    By Sean Barry • Feb. 21, 2017
  • Deep Dive

    The great Chicago hire: Why companies are flooding into the Windy City

    The Midwest city has seen a wave of firms choosing to relocate there in order to tap into the area's talent pool, culture and global access. 

    By Kim Slowey • Feb. 21, 2017
  • NAHB: Single-family footprints shrink as recovery picks up

    Despite a slight uptick in square footage during the fourth quarter, new home sizes are trending smaller as builders eye entry-level demand.

    By Sean Barry • Feb. 21, 2017
  • Legalizing basement conversions could ease NYC's housing squeeze

    A study from the Citizens Housing and Planning Council identified up to 38,000 units that could be made available without changing the city's Zoning Resolution.

    By Sean Barry • Feb. 21, 2017