Economy: Page
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Construction boom poised to revitalize Detroit
City officials say projects like the new $733 million Red Wings arena and a $70 million housing complex currently underway could reshape the area.
By Kim Slowey • Jan. 4, 2017 -
Supply surplus set to slow luxury apartment activity in 2017
Projects resulting from the post-recession multifamily boom are coming online while rents continue to climb.
By Sean Barry • Jan. 4, 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 -
DC's residential construction boom puts pressure on affordable housing
The district's lowest-income residents allocate more than half of their income to housing costs, which are on the rise.
By Sean Barry • Jan. 4, 2017 -
Deep Dive
A builder's guide to housing trends in 2017
Homebuilders are eyeing pent-up demand among younger buyers, but rate rises and price increases could continue to keep them in a holding pattern.
By Hallie Busta • Jan. 3, 2017 -
Construction spending soars to 10-year high
Gains in the nonresidential, residential and public sectors all contributed to the 0.9% bump in November.
By Emily Peiffer • Jan. 3, 2017 -
CoreLogic: Home price growth strong in November, but pace to slow in 2017
Mortgage rate increases could put a damper on demand, causing price growth to taper this year.
By Hallie Busta • Jan. 3, 2017 -
Redfin: Seattle home to 10 of the top 30 US neighborhoods for housing
A robust job market is drawing more people to the city, putting pressure on its already-tight housing inventory.
By Sean Barry • Jan. 3, 2017 -
San Francisco, NYC joined by smaller markets in facing affordable housing woes
The concerns extend to smaller metros as buyers seek housing in new job-growth centers and supply struggles to keep up.
By Sean Barry • Jan. 3, 2017 -
US rents continue to climb in January
Prices in some of the largest markets continue to fall while smaller markets like Providence, RI, Kansas City, MO, and Nashville, TN, see increases.
By Sean Barry • Jan. 3, 2017 -
Chinese real estate investors eyeing the US look beyond New York, Los Angeles
An influx of information and continued recovery in many markets highlights investment potential.
By Sean Barry • Jan. 3, 2017 -
Montgomery County Planning Commission
Zillow: US housing value hit new high in 2016
The rise in the total value of the country's housing stock comes amid continued home-price increases.
By Sean Barry • Jan. 3, 2017 -
NAR: Pending home sales fall back in November
The post-election rise in interest rates has likely nixed the hoped-for impact of President-elect Trump's win for homebuying activity.
By Hallie Busta • Dec. 28, 2016 -
S&P/Case-Shiller: Home prices keep climbing in October
Consumer confidence is high and unemployment is low, but experts fear the consequences of prices increasing faster than incomes and inflation.
By Sean Barry • Dec. 28, 2016 -
US housing affordability reaches 8-year low
Without more wage growth, housing affordability is likely to regress further this year amid expectations of interest rate increases.
By Sean Barry • Dec. 27, 2016 -
New homes financed with conventional mortgages hit highest level since 2008
Conventional financing for new-home purchases has continued to increase through the housing market’s recovery.
By Sean Barry • Dec. 27, 2016 -
New-home sales reach second-highest rate since early 2008
November's figures beat analyst expectations while putting more pressure on inventory.
By Hallie Busta • Dec. 23, 2016 -
Dodge Data: Construction starts fall for third-straight month
November's 6% drop emphasizes the volatile nature of starts in 2016.
By Kim Slowey • Dec. 23, 2016 -
Realtor.com's top 20 housing markets for December
The year is on track to close with a record-low number of for-sale homes.
By Hallie Busta • Dec. 23, 2016 -
Rents edge lower in some of the priciest US housing markets
The softening is partly due to concessions offered to fill projects where supply outpaces demand.
By Sean Barry • Dec. 23, 2016 -
DC apartment buildings to join Downtown Business Improvement District
The move comes as more people flock to the city's core.
By Sean Barry • Dec. 23, 2016 -
Zillow: Home values increase at fastest pace since 2006
For-sale inventory continued to tighten in November, marking the 22nd-straight month of decline.
By Sean Barry • Dec. 23, 2016 -
10 affordable cities with high-paying job opportunities
A new report from personal finance website NerdWallet identifies potential new markets for housing growth.
By Sean Barry • Dec. 23, 2016 -
Report: The share of young adults living with family highest in 75 years
Millennials are expected to double their current household count by 2025.
By Sean Barry • Dec. 22, 2016 -
Zillow adds iMessage function to its real estate app
Users now can send information on a property to their regular contacts via text.
By Sean Barry • Dec. 22, 2016 -
Manhattan residential price growth to cool in 2017 as luxury slows
Other New York City boroughs should mostly see resale prices and rents increase.
By Sean Barry • Dec. 22, 2016
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