Economy: Page
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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 -
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 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
NY Gov. Cuomo presses on with 421-a affordable housing tax break
The renamed program, Affordable New York, is set to be presented to the state legislature.
By Sean Barry • Jan. 17, 2017 -
Zillow: Hefty down payments could be turning some young buyers off
In many major markets, the average down payment on a median priced home accounts for more than half of typical incomes.
By Sean Barry • Jan. 17, 2017 -
ABC: Construction material prices rise 0.4% amid soaring energy costs
The trend of construction costs outpacing the rate of inflation is a common concern for the industry this year.
By Mary Tyler March • Jan. 13, 2017 -
Trulia: First-time buyers' return could mean more failed starter home sales
A lack of credit and experience with the buying process along with rising prices and mortgage rates is challenging some of the market's newest entrants.
By Sean Barry • Jan. 13, 2017 -
SmartAsset: Millennials buying rather than renting in some metros
Areas like Sioux Falls, SD, and Elk Grove, CA, fared better than Orlando, FL, and Cleveland for homeownership.
By Sean Barry • Jan. 12, 2017 -
Deep Dive
Talking shop: How builders are addressing the skilled-labor shortage
At Design and Construction Week 2017, conversations around one of the industry’s biggest talking points took center stage.
By Hallie Busta • Jan. 12, 2017