Economy: Page 67


  • Realtor.com: CA cities lead January's hottest housing markets

    Despite typically being a slow month for buying activity, January saw homes sell 4% faster compared to a year ago as supply races to keep up with demand.

    By Sean Barry • Jan. 30, 2017
  • NAHB: Housing's share of GDP shrinks slightly in Q3

    Despite the third-quarter lag in residential fixed investments, initial estimates for the fourth quarter suggest an upturn in the category.

    By Sean Barry • Jan. 30, 2017
  • AGC image library construction worker with steel Explore the Trendline
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    Permission granted by Associated General Contractors of America
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • Zillow: Large metros have the biggest housing affordability gaps

    Pockets of lower-cost housing can be found even in the priciest markets, but buyers there face trade-offs in commute times and amenities. 

    By Sean Barry • Jan. 30, 2017
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    Deborah Barrington
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    Caterpillar lowers 2017 forecast amid declining global construction demand

    The equipment giant is in the midst of a massive restructuring that has seen the company shed approximately 16,000 employees.

    By Kim Slowey • Jan. 30, 2017
  • Construction union membership inches up in 2016

    Wages of union-represented workers increased 0.2% less than their nonunion counterparts last year but were 47% higher overall.

    By Kim Slowey • Jan. 30, 2017
  • Home flipping is on the rise — and that could be a good thing

    Home price increases are drawing investors with the promise of a greater return on investment, with flippers more likely to renovate homes than resell them as-is.

    By Sean Barry • Jan. 27, 2017
  • Tight inventory pulls new-home sales down 10.4% in December

    The figure missed analyst expectations for a smaller decline as supply-side conditions threaten to slow activity in the market.

    By Mary Tyler March • Jan. 26, 2017
  • Multifamily developers shoulder higher costs to build near transit

    Limited competition and high rents make transit-oriented developments attractive in the face of concerns over rising construction costs and overbuilding.

    By Sean Barry • Jan. 26, 2017
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    NAHB: More builders expect lot, labor shortages in 2017

    As symptoms of the housing market's lengthy recovery, these and other headwinds are adding costs and extending project timelines.

    By Sean Barry • Jan. 26, 2017
  • Will millennials stay in cities for the long haul?

    How the largest living generation will approach homeownership is only beginning to play out.

    By Sean Barry • Jan. 26, 2017
  • McKinsey: Humans shouldn't sit out the automation transition

    Leveraging the technology to simplify individual tasks, versus replacing entire job classes, is key to reaping its benefits.

    By Chris Wood • Jan. 25, 2017
  • Is Los Angeles' density bonus program working? One official says no

    City Controller Ron Galperin said the incentive is not supplying enough units to meet the city's affordable housing needs.

    By Sean Barry • Jan. 25, 2017
  • Developers put brakes on Honolulu condo hotel tower amid cost, demand concerns

    BlackSand Capital has said it is waiting for construction costs to lower before breaking ground.

    By Sean Barry • Jan. 25, 2017
  • Residential construction employment edges higher in December

    The post-recession increase in specialty trade contractors has been greater than that of builders, the National Association of Home Builders reports.

    By Sean Barry • Jan. 25, 2017
  • AGC: Only 25 states add construction jobs in December as worker pipeline dries up

    The organization is urging President Donald Trump's administration to include workforce development in its proposed infrastructure initiatives.

    By Kim Slowey • Jan. 25, 2017
  • 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