Economy: Page 64
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Dodge Data: Construction starts fall 5% in December
Chief Economist Robert Murray said the construction industry should see the same slow rate of growth in 2017.
By Kim Slowey • Jan. 25, 2017 -
Existing-home sales dip in December but end 2016 on a high note
Tight inventory and increasing affordability concerns continue to obstruct buyers looking to break into the market.
By Mary Tyler March • Jan. 24, 2017 -
Deep Dive
Why 2017 will be the year of office construction
Activity in the sector is expected to surge this year, particularly in urban centers, as companies attempt to attract younger workers.
By Kim Slowey • Jan. 24, 2017 -
10 US cities undergoing major population shifts
Significant increases in home values and residents’ income and education levels are reshaping the housing market in these metros, Realtor.com reports.
By Sean Barry • Jan. 24, 2017 -
Suspension of FHA mortgage fee cut could leave thousands of buyers out in the cold
Industry observers worried the reduction, expected to save some homeowners $500 annually, would impact the solvency of the Mutual Mortgage Insurance Fund.
By Sean Barry • Jan. 24, 2017 -
Homebuilders' post-election bump may be short-lived
The rise in builder stocks was on the downslide leading up to the inauguration amid uncertainty over mortgage rate increases and deregulation pledges.
By Sean Barry • Jan. 24, 2017 -
US home to the world's most affordable housing markets
While the West Coast garners headlines for its home-price increases, relative stability in the Midwest and Rust Belt could revive activity there, one report found.
By Sean Barry • Jan. 24, 2017 -
ConstructConnect: December nonresidential starts see unexpected 3% rise
Strong growth in the commercial and heavy engineering segments contributed to last month's uptick.
By Kim Slowey • Jan. 24, 2017 -
Families with kids occupy just 30% of 3-bedroom homes in San Francisco
While young professionals head to major urban job centers, many families in those markets struggle to gain a foothold in the housing market.
By Sean Barry • Jan. 23, 2017 -
Native American tribal communities face distressed, overcrowded housing
An additional 68,000 homes and more funding are needed to alleviate these conditions in tribal communities in the U.S.
By Sean Barry • Jan. 23, 2017 -
NAHB: Remodeling Market Index dips in Q4 but stays positive
Industry reports suggest continued activity in the repair and remodeling sector as rising home prices motivate homeowners to upgrade.
By Sean Barry • Jan. 20, 2017 -
Zillow: Home values click higher in December while rent growth holds steady
A slowdown in rent growth could take pressure off the homebuying market and allow more inventory to come online.
By Sean Barry • Jan. 20, 2017 -
Share of first-time homebuyers planning to purchase tumbles following rate rises
A lingering shortage of inventory and elevated pricing will also challenge this group's ownership ambitions, according to Realtor.com.
By Sean Barry • Jan. 20, 2017 -
Report: Energy sector accounts for 31% of US construction jobs
The Department of Energy found the majority of the 2 million energy-related construction jobs involve efficiency.
By Kim Slowey • Jan. 20, 2017 -
NYC housing authority eyes private investment to upgrade public housing
The move follows recent efforts to finance the construction and maintenance of low- and middle-income residential projects.
By Sean Barry • Jan. 19, 2017 -
Opinion
Generation generalization: Why (and when) millennials will own homes
Who are millennials and what do they want? One reporter shares insights from a conversation with a researcher who's looking deeper into the data.
By Hallie Busta • Jan. 19, 2017 -
Outgoing DOT secretary: Private investment not enough to solve infrastructure problems
Anthony Foxx said public-private partnerships would be beneficial, but direct federal spending is necessary to ensure any plan's success.
By Kim Slowey • Jan. 19, 2017 -
NJ Supreme Court ruling favors more affordable housing
Towns will be required to make up for increased demand during a period when the state did not issue affordable housing rules.
By Sean Barry • Jan. 19, 2017 -
Real estate execs eye infrastructure investments amid high hopes for Trump
The renewed enthusiasm for infrastructure assets is largely due to the president-elect's $1 trillion proposal, according to an Altus Group survey.
By Kim Slowey • Jan. 19, 2017 -
Housing starts bounce back in December on multifamily surge
An upswing in multifamily anchored the month's solid report, while the single-family category continued its belabored recovery.
By Mary Tyler March • Jan. 19, 2017 -
Architecture billings skyrocket to highest level of 2016
The uptick in December signals health in the design and construction industry, and it could be an indicator of a future "Trump bump" in services.
By Mary Tyler March • Jan. 18, 2017 -
NAHB: Builder optimism dips in January
The index dropped two points amid continued uncertainty around the incoming presidential administration's likely business impact.
By Mary Tyler March • Jan. 18, 2017 -
West Coast leads in cities with lowest for-sale housing inventory
Cities in the Midwest and Great Lakes regions also made Realtor.com's list.
By Sean Barry • Jan. 18, 2017 -
Moody's outlook: Strong 2017 construction spending to boost building materials industry
The investment and research firm said anticipated FAST Act funds and President-elect Trump's infrastructure plans contributed to the positive prediction.
By Kim Slowey • Jan. 18, 2017 -
Skilled-labor shortage a strain on Dallas-Fort Worth construction boom
According to one report, costs associated with the tight labor market are adding $4,000 to the price of a home.
By Sean Barry • Jan. 17, 2017