Economy: Page 73
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Seattle council OKs $29M affordable housing bond measure
This follows a $290 million levy passed by voters in August, leading some to question whether the additional funds are necessary.
By Sean Barry • Nov. 23, 2016 -
Zillow: US homeownership rate gears up for a rebound
Builders and lenders are appealing to the growing class of younger, first-time buyers seeking to own homes.
By Sean Barry • Nov. 23, 2016 -
Explore the Trendline➔
Permission granted by Associated General Contractors of America
TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
Dodge Data: Construction starts slip 4% in October
The second-consecutive down month signals that building activity is settling back to a normal pace after August starts skyrocketed.
By Kim Slowey • Nov. 23, 2016 -
Existing-home sales approach 10-year high in October
Pent-up demand is slowly being released back into the market.
By Hallie Busta • Nov. 22, 2016 -
Student-oriented affordable housing set to rise in Portland, OR
The Amy’s 141 units are expected to be priced at least 15% below market while featuring student-oriented amenities.
By Sean Barry • Nov. 22, 2016 -
NY governor approves another $300M for NYC affordable housing
The move raises the amount of state-allocated bonding authority for the city to $771 million this year, which should contribute 6,000 units.
By Sean Barry • Nov. 22, 2016 -
Report: Multifamily construction surge to continue through Q2 2017
Supply-side headwinds like tight labor conditions will spread the deliveries over several months.
By Sean Barry • Nov. 22, 2016 -
ABC ranks US states based on 'free enterprise' environment for construction
Louisiana claimed the top spot due to its use of public-private partnerships, success with career and technical education programs and right-to-work legislation.
By Kim Slowey • Nov. 22, 2016 -
NAHB: New single-family homes continue to get smaller
Builders are shifting their focus to include properties targeting price-conscious first-time buyers in their product mix.
By Sean Barry • Nov. 21, 2016 -
Report: DC residential market sees 'unprecedented' growth in 2016
JBG and Clark Construction have been the most active developer and general contractor, respectively, in the area over the last five years.
By Sean Barry • Nov. 21, 2016 -
Redfin: Home prices climb in October as inventory tightens
There were 6.9% fewer new homes listed in October than there were a year ago as inventory fell for the 13th-consecutive month.
By Sean Barry • Nov. 21, 2016 -
AGC: Only 23 states add construction jobs in October amid weak public sector demand
On the other hand, the private sector is struggling to find enough workers to keep up.
By Kim Slowey • Nov. 21, 2016 -
Report: Minorities face 'vast' inequity in NYC housing market
A new report from the City of New York Institute for State and Local Governance shows the limits of affordable housing policies in improving homeownership.
By Hallie Busta • Nov. 18, 2016 -
Deep Dive
5 charts that explain the post-election construction economy
Three economists share their thoughts on the industry as it awaits more details on the new presidential administration's policies and their impact on construction.
By Hallie Busta • Nov. 18, 2016 -
NAHB: Builder confidence for multifamily strong in Q3
A shift back toward homeownership could impact the sector's long-term outlook.
By Sean Barry • Nov. 18, 2016 -
Housing starts surge to 9-year high in October as multifamily swings back
The annual rate of 1.323 million far surpassed analyst expectations.
By Hallie Busta • Nov. 17, 2016 -
Inflation pressures drive year-over-year spike in construction material prices
Although prices were steady month to month, October marked the greatest year-over-year increase since November 2014.
By Emily Peiffer • Nov. 16, 2016 -
Builder confidence holds steady in November amid election uncertainty
This month's reading, which largely reflects sentiment before the Nov. 8 election, ties for the second-highest HMI score so far this year.
By Hallie Busta • Nov. 16, 2016 -
Architecture billings rebound as the industry aims to move past election uncertainty
The increase in October follows two consecutive months of declines in demand for design services.
By Emily Peiffer • Nov. 16, 2016 -
ConstructConnect: Nonresidential construction starts jump 15% in October
The strong showing was significantly higher than the typical 4% seasonal dip between September and October.
By Kim Slowey • Nov. 16, 2016 -
Redfin chief economist: US should seek 'disruptive' housing policy
Creating livable cities and supporting economic mobility requires investment in infrastructure beyond housing, Nela Richardson explained.
By Sean Barry • Nov. 15, 2016 -
How rising rents are holding back homeownership
A new study in the Journal of Regional Science shows the long-term effects of disproportionate rent and income growth.
By Sean Barry • Nov. 15, 2016 -
CoreLogic and RentTrack join forces to help renters build credit
As high rents and student debt make it difficult to save for a down payment, companies serving the industry are devising ways to boost homeownership.
By Sean Barry • Nov. 14, 2016 -
Will Trump's immigration plans exacerbate the construction labor shortage?
Experts estimate that up to 20% of construction workers are undocumented, and removing them from the country could force employers to significantly raise wages.
By Kim Slowey • Nov. 14, 2016 -
Housing was less affordable in Q3 amid continued price growth
A small drop in mortgage interest rates during the period couldn’t stand up to greater home price appreciation.
By Hallie Busta • Nov. 11, 2016